Identify whether a debit or credit results in the indicated change for each of the following accounts. a. To increase Store Supplies b. To decrease Equipment c. To increase Postage Expense d. To increase Haircutting Revenue e. To decrease Salaries Payable f. To decrease Store Equipment g. To increase Notes Payable h. To decrease Warehouse i. To increase Accounts Payable j. To increase Buildings

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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Identify whether a debit or credit results in the indicated change for each of the following accounts.
a. To increase Store Supplies
b. To decrease Equipment
c. To increase Postage Expense
d. To increase Haircutting Revenue
e. To decrease Salaries Payable
f. To decrease Store Equipment
g. To increase Notes Payable
h. To decrease Warehouse
i. To increase Accounts Payable
j. To increase Buildings
Transcribed Image Text:Identify whether a debit or credit results in the indicated change for each of the following accounts. a. To increase Store Supplies b. To decrease Equipment c. To increase Postage Expense d. To increase Haircutting Revenue e. To decrease Salaries Payable f. To decrease Store Equipment g. To increase Notes Payable h. To decrease Warehouse i. To increase Accounts Payable j. To increase Buildings
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