Take a Test -Hayle Sanford -Google Chrome Secure htps/www.mathd.com/Student/Play
ID: 2404201 • Letter: T
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Take a Test -Hayle Sanford -Google Chrome Secure htps/www.mathd.com/Student/Player estaspztestid: 1832707008ceterwin yes PRIN of ACCT 1 (60) SUM18 (Coates) Hayle Quiz: Chapter 2 Quiz Time This Question: 10 pts 41 of 2 (0 complete) For each account, identify if the change would be recorded as a debit (DR) or credit (CR) 16. Increase to Interest Revenue 11. Increase to Cash 12. Decrease to Accounts Payable 13. Increase to Owner, Capital 14. Increase to Unearned Revenue 15. Decrease to Accounts Receivable 17. Increase to Rent Expense 18. Decrease to Office Supplies 19. Increase to Prepaid Rent 20. Increase to Notes Payable Choose from any drop-down list and then continue to the next question.Explanation / Answer
TRANSACTIONS
Debit (DR) / Credit (CR)
11
Increase to cash
Debit (DR)
12
Decrease to Accounts Payable
Debit (DR)
13
Increase to Owners Capital
Credit (CR)
14
Increase to Unearned Revenue
Credit (CR)
15
Decrease to Accounts Receivable
Credit (CR)
16
Increase to Interest Revenue
Credit (CR)
17
Increase to Rent Expenses
Debit (DR)
18
Decrease to Office Supplies
Credit (CR)
19
Increase to Prepaid Rent
Debit (DR)
20
Increase to Notes Payables
Credit (CR)
TRANSACTIONS
Debit (DR) / Credit (CR)
11
Increase to cash
Debit (DR)
12
Decrease to Accounts Payable
Debit (DR)
13
Increase to Owners Capital
Credit (CR)
14
Increase to Unearned Revenue
Credit (CR)
15
Decrease to Accounts Receivable
Credit (CR)
16
Increase to Interest Revenue
Credit (CR)
17
Increase to Rent Expenses
Debit (DR)
18
Decrease to Office Supplies
Credit (CR)
19
Increase to Prepaid Rent
Debit (DR)
20
Increase to Notes Payables
Credit (CR)
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