week 1 E2-6 - 8. I Cost of goods sold 9. I Utility expense...

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Indicate whether a debit will increase (I) or decrease (D) each of the following accounts:
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Increase (I) or Decrease (D) Account 1. I Inventory 2. I Depreciation expense 3. D Accounts payable 4. I Prepaid rent 5. D Sales revenue 6. D Common stock 7. D Wages payable
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Unformatted text preview: 8. I Cost of goods sold 9. I Utility expense 10. I Equipment 11. I Accounts receivable 12. D Allowance for uncollectible accounts 13. I Bad debt expense 14. I Interest expense 15. D Interest revenue 16. D Gain on sale of equipment...
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week 1 E2-6 - 8. I Cost of goods sold 9. I Utility expense...

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