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1.Which of the following would be a Debit (DR) on the Income Statement?* Other Income - Rent Notes Payable Cash Insurance Expense 2.Which of

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1.Which of the following would be a Debit (DR) on the Income Statement?* Other Income - Rent Notes Payable Cash Insurance Expense 2.Which of the following would be a Debit (DR) on the Balance Sheet?* Income Tax Expense Other Income - Interest Escrow Payable Distribution/Dividend 3.Which of the following would be a Credit (CR) on the Income Statement?* Sales Commission Income Common Stock Accounts Receivable Cost of Sales 4.Which of the following would be a Credit (CR) on the Balance Sheet?* Meals and Travel Expense Other Income- Rent Accumulated Depreciation Fixed Assets 5. Which of the following would be a Debit (DR) on the Balance Sheet?* Prepaid Expense - Office Lease Accounts Payable Accumulated Depreciation Common Stock 6.When the proceeds from a loan are received, the entry to "Notes Payable" is a Debit (DR) Credit (CR)

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