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For each of the following accounts, indicate the effect of a debit or credit on the account and the normal balance. Debit Eff
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Answer #1

Bonds Payable : Dr. (decrease), Cr.(increase), N.B.(credit)

Unearned Service Revenue: Dr.(decrease), Cr. (increase), N.B. (credit)

Depreciation Expense: Dr. (increase), Cr. (decrease), N.B. (debit)

Common Stock: Dr. (decrease), Cr. (increase), N.B. (credit)

Buildings: Dr. (increase), Cr. (decrease), N.B. (debit)

Rent Revenue: Dr. (decrease), Cr. (increase), N.B. (credit)

source: Wily+
answered by: Katherine
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Answer #2

Debit Effect Credit Effect Normal balance a Bonds payable Decrease Increase Credit b Unearned service revenue Decrease Increa

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