Question: Indicate the increase and decrease in each account by placing a check mark in the appropriate column. DEBIT CREDIT 1. Accounts payable is decreased

Indicate the increase and decrease in each account by placing a check mark in the appropriate column. DEBIT CREDIT 1. Accounts payable is decreased 2. Accounts receivable is decreased 3. Service Income is decreased 4. Equipment is decreased 5. Rent expense is decreased 6. Capital is decreased 7. Cash is decreased 8. Accounts payable is increased 9. Accounts receivable is increased 10. Prepaid rent is increased 11. Prepaid is decreased 12. Service income is increased 13. Equipment is increased 14. Rent expense is increased 15. Capital is increased

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