Question: Accrued liability for utilities. Account #1 Account Type Increase/Decrease Debit/Credit Account #2 Account Type Increase/Decrease Debit/Credit Paid cash for rent. Debit/Credit Increase/Decrease Account Type Account

Accrued liability for utilities. Account #1 Account Type Increase/Decrease Debit/Credit Account #2 Account Type Increase/Decrease Debit/Credit Paid cash for rent. Debit/Credit Increase/Decrease Account Type Account #1 Increase/Decrease Debit/Credit Account Type Account #2 Paid for a one year insurance policy Debit/Credit Increase/Decrease

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