Identify whether a debit or credit yields the indicated change for each of the following accounts. a.

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Identify whether a debit or credit yields the indicated change for each of the following accounts.
a. To increase Store Equipment
b. To increase Land
c.  To decrease Cash
d.  To increase Utilities Expense
e.  To increase Fees Earned

f. To decrease Unearned Revenue

g. To decrease Prepaid Insurance

h. To increase Notes Payable

i. To decrease Accounts Receivable

j. To increase Owner Capital

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Fundamental Accounting Principles

ISBN: 978-0078110870

20th Edition

Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta

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Question Posted: Aug 16, 2022 10:58 PM

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Identify whether a debit or credit yields the indicated change for each of the following accounts. a.

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All assets and expense accounts are debited with increase and credited with decrease All liability a...View the full answer

Fundamental Accounting Principles

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