Under a double-entry system, show how the entry in each statement is entered in the ledger by using debit or credit to indicate the increase or decrease in the affected account.

Debit or Credit

1.

An increase in Salaries and Wages Payable.

___________________

2.

A decrease in Accounts Receivable.

___________________

3.

An decrease in Prepaid Insurance.

___________________

4.

An decrease in Owner's Capital.

___________________

5.

A increase in Office Supplies.

___________________

6.

An increase in Owner's Drawings.

___________________

7.

An increase in Service Revenue.

___________________

8.

A increase in Accounts Payable.

___________________

9.

An increase in Rent Expense.

___________________

10.

A decrease in Store Equipment.

___________________

11. An Increase in Cash

___________________

12. An decrease in Retained Earnings

___________________

13. A decrease in Unearned Revenue

___________________

14. A increase in Notes Receivable

___________________

15. An increase in Sales Tax Payable

___________________

16. An increase in Travel Expense

___________________

17. An increase in Common Stock

___________________

18. An increase in Merchandise Inventory

___________________

19. A increase in Stock Investments

___________________

20. An decrease in Dividends Payable