Question: For each item below, indicate whether a debit or a credit applies. a. Decrease in Accounts Payable b. Decrease in Land c. Increase in Retained

For each item below, indicate whether a debit or a credit applies.

a. Decrease in Accounts Payable

b. Decrease in Land

c. Increase in Retained Earnings

d. Increase in Unearned Revenue

e. Decrease in Interest Payable

f. Increase in Prepaid Insurance

g. Increase in Wages Expense

h. Decrease in Art Supplies

i. Increase in Advertising Fees Earned

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