Question: Indicate whether a debit will increase (1) or decrease (D) each of the following accounts listed in items 1 through 15. Account Increase (1) or
Indicate whether a debit will increase (1) or decrease (D) each of the following accounts listed in items 1 through 15. Account Increase (1) or Decrease (D) 1. 2. 3. 4. 5. 6. 7. Inventory Depreciation expense Accounts payable Prepaid rent Sales revenue Common stock Salaries payable Cost of goods sold Utilities expense Equipment Accounts receivable Utilities payable Rent expense Interest expense 8. 9. 10. 11. 12 13 14 15. Interest revenue
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