Question: Indicate whether a debit or credit decreases the normal balance of each of the following accounts. Decrease Normal Balance a. Prepaid Insurance b. Wages Payable

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. Prepaid Insurance b. Wages Payable c. Service Fees Earned d. Common Stock e Office Supplies f. Fuel Expense 9. Factory h. Service Revenue i. Rental Revenue j. Consulting Revenue k. Warehouse 1. Rent Payable

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