Which of the following applications of the rules of debit and credit is true?
A) decrease Prepaid Insurance with a credit and the normal balance is a credit
B) increase Accounts Payable with a credit and the normal balance is a debit
C) increase Supplies Expense with a debit and the normal balance is a debit
D) decrease Cash with a debit and the normal balance is a credit

Question

Quizplus · Accepted Answer

Supplies Expense is an expense account, which increases with a debit and has a normal debit balance.

Which of the Following Applications of the Rules of Debit