Question: can you pls solve S2 exercise and S3 exercise S2-2 Identifying increases and decreases in accounts For each account, identify whether the changes would be
S2-2 Identifying increases and decreases in accounts For each account, identify whether the changes would be recorded as a debit (DR) OF credit (CR). a. Increase to Accounts Receivable f. Decrease to Prepaid Rent b. Decrease to Unearned Revenue g. Increase to Proudfoot, Capital c. Decrease to Cash h. Increase to Notes Receivable d. Increase to Interest Expense i. Decrease to Accounts Payable e. Increase to Salaries Payable j. Increase to Interest Revenue S2-3 Identifying normal balances For each account, identify whether the normal balance is a debit (DR) or credit (CR). a. Notes Payable f. Herman, Capital b. Herman, Withdrawals g. Utilities Expense c. Service Revenue h. Office Supplies d. Land i. Advertising Expense i. Interest Pavable A Tearned Revenue
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