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A landlord received $1,000 from her tenant on September 1, 2020 for the rent of September. Which of the following is true? The landlord has

A landlord received $1,000 from her tenant on September 1, 2020 for the rent of September. Which of the following is true?

The landlord has an increase of $1,000 in liabilities on Sept 1.

The tenant incurred $1,000 expense on Sept 1.

The landlord earned $1,000 revenue on Sept 1.

The tenant has an increase of $1,000 in liabilities on Sept 1.

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