Safari File Edit View rks W Help ACC211S Test: M4A1:Required Midterm Exam This Q

Question

Safari File Edit View rks W Help ACC211S Test: M4A1:Required Midterm Exam This Question: 3 pts 27 of 30 (17 For each aocount, identity if the change would be recorded as a debit (OR) or credt (CR) DR 16. Increase to Intarest Revenue CR17. Increase to Räfnt Expense CR 18. Decrease to Office Supplies CR 11, Increase to Cash 12. Decrease to Accounts Payable 13. Increase to Common Stock ?OR DR 14. Increase to Unearned Revenue CR19 Increase to Prepaid Rent 15. Decrease to Accounts Receivable DR 20, Increase to Notes Payable

Explanation / Answer

Increase to cash DR Decrease to account payable DR Increase to common Stock CR Increase to unearned revenue CR Decrease to account receivable CR Increase to interest revenue CR Increase to rent expense DR Decrease to office supplies CR Increase to prepaid rent DR Increase to notes payable CR

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