Question: Knowledge Check: Debit / Credit Rules For each item, indicate whether a debit or credit applies. Decrease in Notes Payable Increase in Dividends Increase in

Knowledge Check: Debit/Credit Rules
For each item, indicate whether a debit or credit applies.
Decrease in Notes Payable
Increase in Dividends
Increase in Common Stock
Increase in Unearned Rent Revenue
Decrease in Interest Payable
Increase in Prepaid Insurance
Increase in Salaries and Wages Expense
Decrease in Supplies
Increase in Revenues
Decrease in Accounts Receivable
Knowledge Check: Debit/Credit Rules For each item, indicate whether a debit

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