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Staff accountant for maximum corporation

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Reference no: EM131903754

You have just been hired as the staff accountant for Maximum Corporation. However, the accounting manager is unclear about your ability to determine where certain increases and decreases should be placed. Indicate where is Debit and where is credit.

a. Office rent is increased.

b. Service Revenue is increased.

c. Prepaid Expense is reduced.

d. Cash is decreased.

e. Plant and machinery are increased.

f. Capital is increased.

g. Utility expense is increased.

h. Paid salary

i. Cash is increased.

j. Accounts Payable is decreased.

Reference no: EM131903754

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