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  1. business
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  3. indicate whether a debit will increase (l) or decr

Indicate whether a debit will increase (l) or decrease (D) each of the following accounts...

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Accounting

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

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