AnalyzIng Debit or Credit by Account

Identify whether a debit or credit entry would be made to record the indicated change in the account:

To increase Notes Payable

• Debit Dr

• Credit

Identify whether a debit or credit entry would be made to record the indicated change in the account:

To decrease Accounts Receivable

• Debit Dr

• Credit

Identify whether a debit or credit entry would be made to record the indicated change in the account:

To increase Owner, Capital

• Debit Dr

• Credit

Identify whether a debit or credit entry would be made to record the indicated change in the account:

To decrease Unearned Revenue

• Debit Dr

• Credit

Identify whether a debit or credit entry would be made to record the indicated change in the account:

To decrease Prepaid Insurance

• Debit Dr

• Credit

Identify whether a debit or credit entry would be made to record the indicated change in the account:

To decrease Cash

• Debit Dr

• Credit

Identify whether a debit or credit entry would be made to record the indicated change in the account:

To increase Utilities Expense

• Debit Dr

• Credit

Identify whether a debit or credit entry would be made to record the indicated change in the account:

To increase Revenue

• Debit Dr

• Credit

Identify whether a debit or credit entry would be made to record the indicated change in the account:

To increase Store Equipment

• Debit Dr

• Credit

Identify whether a debit or credit entry would be made to record the indicated change in the account:

To increase Owner, Withdrawals

• Debit Dr

• Credit