Debit or credit for particular account


Indicate whether the following increases and decreases represent a debit or credit for each particular account.

(a) Capital is increased

(b) Cash is decreased

(c) Accounts Payable is increased

(d) Rent expense is increased

(e) Equipment is increased

(f ) Fees income is increased

(g) Capital is decreased through drawing

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Finance Basics: Debit or credit for particular account
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