Identify whether the changes would be recorded as a Debit (DR) or Credit (CR).(This isn't graded. It's just a practice). Thank you very much f. Decrease to Prepaid Rentg. Increase to Proudfoot, Capitalh. Increase to Notes Receivablei. Decrease to Accounts Payablej. Increase to Interest RevenueDRCR

Answered: Identify whether the changes would be…

Identify whether the changes would be recorded as a Debit (DR) or Credit (CR). (This isn't graded. It's just a practice). Thank you very much

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter6: Cash And Receivables

Section: Chapter Questions

Problem 13GI

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Q: THE SOLUT

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Question

Identify whether the changes would be recorded as a Debit (DR) or Credit (CR). (This isn't graded. It's just a practice). Thank you very much

f. Decrease to Prepaid Rent
g. Increase to Proudfoot, Capital
h. Increase to Notes Receivable
i. Decrease to Accounts Payable
j. Increase to Interest Revenue
DR
CR

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