Essay
Indicate whether a debit (dr)or credit (cr)would be used to increase each of the following accounts.
1._____ Prepaid Rent
2._____ Sales Revenue
3._____ Salaries and Wages Expense
4._____ Service Revenue
5._____ Unearned Revenue
6._____ Accounts Receivable
7._____ Retained Earnings
8._____ Supplies Expense
Correct Answer:
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1.dr
2.cr
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Correct Answer:
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2.cr
...
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