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Which of the following accounts is increased with a debit? common stock dividends service revenue...

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Question

Accounting

Which of the following accounts is increased with a debit?

common stock

dividends

service revenue

accounts payable

On August 21, we paid four months rent in advance, which totaled $3,200. What account would we credit when we journalize this entry? Group of answer choices rent expense cash prepaid rent account payable

rent expense

cash

prepaid rent

account payable

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