For Each Item Below,indicate Whether a Debit or a Credit

question 162

Essay

For each item below,indicate whether a debit or a credit applies.
a. Increase in Art Fees Earned
b. Decrease in Prepaid Rent
c. Decrease in Unearned Fees
d. Increase in Common Stock
e. Increase in Depreciation Expense, Buildings
f. Increase in Interest Receivable
g. Decrease in Retained Earnings
h. Increase in Dividends
i. Increase in Notes Payable

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Definitions:

Transnational Organizations

Entities that operate across national borders, managing operations in several countries while not identifying with a single national identity.

Think Locally

The practice of considering the immediate, local environment or community impact of one's actions and decisions.

Act Globally

The strategy or action of considering and addressing issues or conducting operations with a global perspective and implications in mind.

Internationalization

The process of designing products, services, or business practices to appeal to and operate in multiple countries.