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Increases and Decreases in Various Types of Accounts Are Listed

Question 3

Essay

Increases and decreases in various types of accounts are listed below. In each case, indicate by "Dr." or "Cr."
(a) whether the change in the account would be recorded as a debit or a credit and
(b) whether the normal balance of the account is a debit or a credit. Increases and decreases in various types of accounts are listed below. In each case, indicate by Dr. or Cr. (a) whether the change in the account would be recorded as a debit or a credit and (b) whether the normal balance of the account is a debit or a credit.

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