For each item below, indicate whether the account will be debited or credited: 1. Decrease in Accounts Payable
2. Increase in Dividends
3. Increase in Common Shares
4. Increase in Unearned Revenue
5. Decrease in Interest Payable
6. Increase in Prepaid Insurance
7. Decrease in Wages Expense
8. Decrease in Supplies
9. Increase in Revenues
10. Decrease in Accounts R eceivable

Question

For each item below, indicate whether the account will be debited or credited: 1. Decrease in Accounts Payable
2. Increase in Dividends  
3. Increase in Common Shares 
4. Increase in Unearned Revenue 
5. Decrease in Interest Payable  
6. Increase in Prepaid Insurance 
7. Decrease in Wages Expense  
8. Decrease in Supplies  
9. Increase in Revenues 
10. Decrease in Accounts R  eceivable

Quizplus · Accepted Answer

The Answer of For each item below, indicate whether the account will be debited or credited: 1. Decrease in Accounts Payable
2. Increase in Dividends  
3. Increase in Common Shares 
4. Increase in Unearned Revenue 
5. Decrease in Interest Payable  
6. Increase in Prepaid Insurance 
7. Decrease in Wages Expense  
8. Decrease in Supplies  
9. Increase in Revenues 
10. Decrease in Accounts R  eceivable

For Each Item Below, Indicate Whether the Account Will Be