Brief Exercise 17-15 Your answer is partially correct. Try again. During the year, prepaid expenses decreased $5,500, and accrued expenses increased $2,700. Indicate how the changes in prepaid expenses and accrued expenses payable should be entered in the reconciling columns of a worksheet. Assume that beginning balances were prepaid expenses $21,500 and accrued expenses payable $9,700. Beg. Balance Reconciling Items Debit Credit End Balance Balance Sheet Accounts Prepaid Expenses 21500 5600 15900 Accrued Expenses Payable 9700 2700 12400 Statement of Cash Flow Effects Cash Flows from Operating Activities Decrease in Prepaid Expenses 5600 Increase in Accrued Expenses Payable OHU 2700 8300 Click if you would like to Show Work for this question: Open Show Work