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:

Organizing

The process of arranging and coordinating tasks and resources to achieve specific goals.

Technicians Union

An organization that represents the collective interests of technicians, advocating for their rights, wages, and working conditions.

Deadlocked

A situation in negotiations, discussions, or decision-making processes where no progress can be made due to disagreement.

Prima Facie

In legal terminology, this means on the face of it or at first glance, indicating evidence that is sufficient to establish a fact unless disproven by contrary evidence.