Indicate how each of the following would be reflected in the journal entry required to record the effects described by using debit or credit to indicate the increase or decrease in each affected account.??Debit or CreditA.An increase in Savannah Smith, Drawing?B.A decrease in Cash? C.An increase in Fee Income? D.A decrease in Supplies? E.A decrease in Office Equipment? F.An increase in Delivery Equipment? G.An increase in Utilities Expense? H.An increase in Prepaid Rent? I.A decrease in Accounts Payable? J.An increase in Savannah Smith, Capital? K. An increase in Salaries Expense?
What will be an ideal response?
| ? | ? | Debit or Credit |
| A. | An increase in Savannah Smith, Drawing | Debit |
| B. | A decrease in Cash | Credit |
| C. | An increase in Fee Income | Credit |
| D. | A decrease in Supplies | Credit |
| E. | A decrease in Office Equipment | Credit |
| F. | An increase in Delivery Equipment | Debit |
| G. | An increase in Utilities Expense | Debit |
| H. | An increase in Prepaid Rent | Debit |
| I. | A decrease in Accounts Payable | Debit |
| J. | An increase in Savannah Smith, Capital | Credit |
| K. | An increase in Salaries Expense | Debit |
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