Business, 25.02.2020 22:55 MrKrinkle77

Which of the following applications of the rules of debit and credit is true?

a. decrease Prepaid Insurance with a credit and the normal balance is a credit
b. increase Accounts Payable with a credit and the normal balance is a debit
c. decrease Cash with a debit and the normal balance is a credit
d. increase Equipment with a debit and the normal balance is a debit

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Which of the following applications of the rules of debit and credit is true?

a. decrea...