Which of the following applications of the rules of debit and credit is true? increase...
60.1K
Verified Solution
Link Copied!
Question
Accounting
Which of the following applications of the rules of debit and credit is true? increase Accounts Payable with a credit and the normal balance is a debit decrease Prepaid Insurance with a credit and the normal balance is a credit increase Supplies Expense with a debit and the normal balance is a debit decrease Cash with a debit and the normal balance is a credit 
Which of the following applications of the rules of debit and credit is true?
increase Accounts Payable with a credit and the normal balance is a debit
decrease Prepaid Insurance with a credit and the normal balance is a credit
increase Supplies Expense with a debit and the normal balance is a debit
decrease Cash with a debit and the normal balance is a credit
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.