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Accounting Final
?
Which pair of accounts follows the rules of debit and credit in relation to increases and decreases in the same manner?
Dividends Payable and Rent Expense
Utilities Expense and Notes Payable
Prepaid Insurance and Advertising Expense
Service Revenue and Equipment
Show Result
Correct
- Your answer is correct.
Wrong
- Your answer is wrong.
Detailed Answer
Correct answer: (C)
Prepaid Insurance and Advertising Expense
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