Question

Identify whether a debit or credit yields the indicated change for each of the following accounts. a. To increase Furniture b. To decrease Equipment c. To increase Supplies Expense d. To increase Haircutting Revenue e. To decrease Taxes Payable f. To decrease Office Equipment g. To increase Interest Payable h. To decrease Store Equipment . To increase Owner, Capital i To increase Trucks
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Answer #1

a. Debit

b. Credit

c. Debit

d. Credit

e. Debit

f. Credit

g. Credit

h. Credit

i. Credit

j. Debit

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