Question: Indicate whether a debit will increase (1) or decrease (D) each of the following accounts listed in items 1 through 15. Increase or Decrease (D)

Indicate whether a debit will increase (1) or decrease (D) each of the following accounts listed in items 1 through 15. Increase or Decrease (D) Account Inventory Depreciation expense Accounts payable Prepaid rent Sales revenue Common stock Salaries and wages payable Cost of goods sold Utility expense Equipment Accounts receivable Utilities payable Rent expense Interest expense Interest revenue
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