Indicate whether a debit will increase (I) or decrease (D) each of the following accounts listed in
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Indicate whether a debit will increase (I) or decrease (D) each of the following accounts listed in items 1 through 15.
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Increase (I) or Decrease (D) Account 1. Inventory Depreciation expense Accounts payable Prepaid rent 2. 3. 4. 5. Sales revenue 6. Common stock 7. Salaries payable Cost of goods sold Utilities expense Equipment Accounts receivable 8. 9. 10. 11. 12. Utilities payable 13. Rent expense Interest expense 14. 15. Interest revenue
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I believe in developing logic behind everything we learn and teach. I have taught Mathematics to students from Class 5 to Class 10 during my graduation college days. Teaching them, revising syllabus before exam, taking tests and answer sheet checking are the main activities I took care of. Apart from this, I have also taught Final Accounts topic during my junior college days. After completing MBA and joining Finance industry, I took 2 guest lectures on how to perform during interview for the profiles related to Capital Markets, Investment Banking and its operations, Fund Accounting and reconciliation. This has given me a good understanding about student's need, what we deliver and how we deliver.
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Related Book For
Intermediate Accounting
ISBN: 9781259722660
9th Edition
Authors: J. David Spiceland, James Sepe, Mark Nelson, Wayne Thomas
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