State Whether the Account Should Be Debited or Credited and the Normal

question 124

Short Answer

State whether the account should be debited or credited and the normal balance of the account for the items listed below: $\begin{array}{|l|l|l|}\hline \text { Account } & \begin{array}{c}\text { Recorded as a } \\\text { debit or credit }\end{array} & \begin{array}{c}\text { Normal balance } \\\text { of the account }\end{array} \\\hline \text { a) Increase in Accounts payable } & & \\\hline \text { b) Increase in Salary expense } & & \\\hline \text { c) Increase in Withdrawals } & & \\\hline \text { d) Decrease in Capital } & & \\\hline \text { e) Decrease in Supplies } & & \\\hline \text { f) Increase in Accounts } & & \\\text { receivable } & & \\\hline \text { g) Decrease in Note payable } & & \\\hline \text { h) Decrease in Note receivable } & & \\\hline \text { 1) Increase in Utilities expense } & & \\\hline \text { j) Decrease in Land } & & \\\hline\end{array}$

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Definitions:

Habitat Degradation

The process by which a natural habitat becomes incapable of supporting its native species due to environmental pressures or human activities.

Maximum Sustained Yield

The largest yield or catch that can be taken from a species' stock over an indefinite period without causing stock depletion.

Commercially Valuable Stocks

Investments or goods that have significant market value and the potential to generate profit.

Turtle Exclusion Devices

Specialized equipment installed on fishing nets to allow turtles to escape and thus minimize bycatch in marine fisheries.