QS 2-7 Analyzing debit or credit by account LO A1 Identify whether a debit or credit yields the indicated change for each of the following accounts.

QS 2-7 Analyzing debit or credit by account LO A1

Identify whether a debit or credit yields the indicated change for each of the following accounts. a. To increase Accounts Receivable Debit b. To decrease Prepaid Insurance Credit c. To increase Taxes Expense Debit d. To increase Rental Revenue Credit e. To decrease Accounts Payable Debit f. To decrease Prepaid Service Fees Credit g. To increase Wages Payable Credit h. To decrease Store Supplies Credit i. To increase Retained Earnings Credit j. To increase Supplies Debit