Answer: Explanation:
a. Increase to Accounts Receivable: Debit
Assets account increase from debit
b. Decrease to Unearned Revenue: Debit
Liabilities account decrase from debit
c. Decrease to Cash: Credit
Assets account decrease from Credit
d. Increase to Interest Expense: Debit
Expenses are debited
e. Increase to Salaries Payable: Credit
Liabilities accounts increase from credit
f. Decrease to Prepaid Rent: Credit
Assets account decrease from Credit
g. Increase to Proudfoot, Capital: Credit
Equity account: Increase from Credit
h. Increase to Notes Receivable Debit
Assets account increase from debit
i. Decrease to Accounts Payable: Debit
Liabilities account decrase from debit
j. Increase to Interest Revenue: Debit
Expenses are debited