Identify whether a debit or credit results in the Indicated change for each of the following accounts. a. To increase Cash b. To decrease Accounts Receivable c. To increase Insurance Expense d. To increase Consulting Revenue e. To decrease Unearned Revenue f. To decrease Prepaid Insurance g. To increase Unearned Subscription Revenue h. To decrease Prepaid Rent i. To increase Accounts Payable To increase Supplies

Identify whether a debit or credit results in the Indicated change for each of the following accounts. a. To increase Cash b. To decrease Accounts Receivable c. To increase Insurance Expense d. To increase Consulting Revenue e. To decrease Unearned Revenue f. To decrease Prepaid Insurance g. To increase Unearned Subscription Revenue h. To decrease Prepaid Rent i. To increase Accounts Payable To increase Supplies

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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