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For Each Item Below, Indicate Whether a Debit or Credit \quad

Question 240

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For each item below, indicate whether a debit or credit applies. 1. Increase in Accounts Payable \quad\quad\quad\quad _____
2. Increase in Accounts Receivable \quad\quad\quad _____
3. Increase in Retained Earnings \quad\quad\quad\quad _____
4. Decrease in Unearned Service Revenue \quad _____
5. Decrease in Interest Payable \quad\quad\quad\quad\quad _____

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