For each of the accounts listed below, enter the words, Increase or Decrease, in the Debit and Credit columns to indicate the effects of each on the account balance. The first row has been completed for reference.AccountDebitCreditA.CashIncreaseDecreaseB.Accounts Payable??C.Accounts Receivable??D.Fees Income??E.Supplies Expense??F.Laurie Fellowes, Drawing??G.Office Equipment??H.Rent Expense??I.Office Supplies??J.Laurie Fellows, Capital??K.Prepaid Rent??
What will be an ideal response?
| Account | Debit | Credit | |
| A. | Cash | Increase | Decrease |
| B. | Accounts Payable | Decrease | Increase |
| C. | Accounts Receivable | Increase | Decrease |
| D. | Fees Income | Decrease | Increase |
| E. | Supplies Expense | Increase | Decrease |
| F. | Laurie Fellowes, Drawing | Increase | Decrease |
| G. | Office Equipment | Increase | Decrease |
| H. | Rent Expense | Increase | Decrease |
| I. | Office Supplies | Increase | Decrease |
| J. | Laurie Fellows, Capital | Decrease | Increase |
| K. | Prepaid Rent | Increase | Decrease |
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