14.
15.
16.
17.
13. Increases in expense accounts are recorded as debits because wey
capital account
14. The normal balance side of an Accounts Receivable account is a debit.
15. Accounts Payable accounts are increased with a debit.
16. Utilities Expense is increased with a debit.
17. Cash is increased with a debit.
18. Prepaid Insurance is decreased with a credit.
19. To summarize withdrawal information separately from the other records, owner
withdrawal transactions are recorded in the owner's capital account.
20. Decreases to liability accounts are recorded on the credit side.
18.
19.
20.
Chapter 2-Test A • 9