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4. You receive a $500 check from your tenant for rent. On a cash basis, to record this transaction, you would: A. Credit Rent and
4. You receive a $500 check from your tenant for rent. On a cash basis, to record this transaction, you would:
A. Credit Rent and debit Cash B.Credit Rent and debit Revenue C.Debit Rent and credit Accounts Receivable D. Debit Rent and credit Cash E. Debit Rent and credit the Tenant
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