Question: Indicate whether a debit or credit decreases the normal balance of each of the following accounts. Decrease Normal Balance a. Interest Payable Debit b. Services

Indicate whether a debit or credit decreases the normal balance of

Indicate whether a debit or credit decreases the normal balance of each of the following accounts. Decrease Normal Balance a. Interest Payable Debit b. Services Revenue Debit c. Salaries Expense Credit d. Accounts Receivable Credit e. Common Stock Debit Credit f. Prepaid Insurance g. Buildings Credit h. Interest Revenue Debit i. Dividends Debit Debit j. Unearned Revenue k. Accounts Payable Debit I. Land Credit

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