Question: For each item below, indicate whether a debit or credit is appropriate by clicking in the drop down box to the right of each item.

For each item below, indicate whether a debit or credit is appropriate by clicking in the drop down box to the right of each item. Be careful with matching questions because carmen randomizes the matches. Thus, If you print out the quiz to work on it and then enter your answers later in the week, It is very likely the order of the matches will be different. Therefore, exercise caution when entering your answers into carmen. Quiz scores will not be adjusted for errors in entering choices. a decrease to retained earnings [ Choose ] an increase to interest revenue [ Choose] an increase to prepaid insurance [Choose ] a decrease to cost of goods sold [Choose] Question 3 4 pts Samuel Corporation reported the following information: January 1, 2020 December 31, 2020 Supplies $41,000 Samuel Corporation reported reported supplies expense of $32,000 in its 2020 income statement and purchased $17.000 of supplie s during 2020. Calculate Samuel Corporation's supplies balance at Jan uary 1, 2020
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