Impact of Debits and Credits Indicate whether the account balance for each of the following accounts will

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Impact of Debits and Credits Indicate whether the account balance for each of the following accounts will be increased or decreased by the action taken:

. Sales Revenue is credited.

. Depreciation Expense is debited.

. Accumulated Depreciation is credited.

. Accounts Receivable is credited.

. Land is debited.

. Wages Payable is debited.

. Capital Stock is credited.

. Unearned Revenue is debited.

. Prepaid Insurance is credited.

. Accounts Payable is credited. Cay js fe) (2k ty ise)Teele) 5

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Financial Accounting A Decision Making Approach

ISBN: 9780471328230

2nd Edition

Authors: Thomas E. King, Valdean C. Lembke, John H. Smith

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