Question: (16 points) Indicate whether a debit or credit entry would be made to record the following changes in each account. a. To decrease Cash b.

(16 points) Indicate whether a debit or credit entry would be made to record the following changes in each account. a. To decrease Cash b. To increase Owner, Capital c. To decrease Accounts Payable. d. To increase Salaries Expense. e. To decrease Supplies. f. To increase Revenue. g. To decrease Accounts Receivable. h. To increase Owner, Withdrawals. (20 points) Select the appropriate financial statement for each of the following accounts. (Note: Some items may appear on more than one financial statement.) a. Income statement b. Statement of owner's equity c. Balance sheet d. Statement of cash flows 1. Rent Expense 2. Withdrawals 3. Notes payable 4. Cash 5. Accounts receivable 6. Jay Miller, Capital 7. Supplies Expense 8. Fees earned

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