Credit or debit

Under a double-entry system, show how the entry in each statement is entered in the ledger by using debit or credit to indicate the increase or decrease in the affected account. Debit An increase in Salaries and Wages Expense Credit An increase in Accounts Payable An increase in Prepaid Insurance. An increase in Common Stock. An increase in supplies. An increase in Dividends An increase in Service Revenue A decrease in Accounts Receivable. An increase in Rent Expense. A decrease in Equipment