ACC TEXT HW CHa
EXB
Complete the following table by indicating whether a debit or credit is used to increase or decrease the balance of the following accounts. The appropriate debitcredit terminology has been identified for the first account as an example.
tableAccount Titles,tableUsed to IncreaseThis AccounttableUsed to DecreaseThis AccountInsurance Expense,,Rent Expense,,Prepaid Rent,,Interest Revenue,,Accounts Receivable,credit,debitAccounts payable,,Common Stock,,LandUnearned Revenue,credit,debitService Revenue,,Retained Earning,,