debit up or down

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Last updated 6:55 PM on 9/30/26
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19 Terms

1
New cards

Indicate whether a debit will increase (I) or decrease (D): INVENTORY

increase

2
New cards

Indicate whether a debit will increase (I) or decrease (D): DEPRECIATION EXPENSE

increase

3
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Indicate whether a debit will increase (I) or decrease (D): ACCOUNTS PAYABLE

decrease

4
New cards

Indicate whether a debit will increase (I) or decrease (D): PREPAID RENT

increase

5
New cards

Indicate whether a debit will increase (I) or decrease (D): SALES REVENUE

decrease

6
New cards

Indicate whether a debit will increase (I) or decrease (D): COMMON STOCK

decrease

7
New cards

Indicate whether a debit will increase (I) or decrease (D): SALARIES PAYABLE

decrease

8
New cards

Indicate whether a debit will increase (I) or decrease (D): COST OF GOODS SOLD

increase

9
New cards

Indicate whether a debit will increase (I) or decrease (D): UTILITIES EXPENSE

increase

10
New cards

Indicate whether a debit will increase (I) or decrease (D): EQUIPMENT

increase

11
New cards

Indicate whether a debit will increase (I) or decrease (D): ACCOUNTS RECEIVABLE

increase

12
New cards

Indicate whether a debit will increase (I) or decrease (D): UTILITIES PAYABLE

decrease

13
New cards

Indicate whether a debit will increase (I) or decrease (D): RENT EXPENSE

increase

14
New cards

Indicate whether a debit will increase (I) or decrease (D): INTEREST EXPENSE

increase

15
New cards

Indicate whether a debit will increase (I) or decrease (D): INTEREST REVENUE

decrease

16
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17
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18
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19
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