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Ali pays 500 in cash for shop rental. A. Increases the expense of rent by 500 and decreases cash in the bank by 500. B.

Ali pays 500 in cash for shop rental.

A. Increases the expense of rent by 500 and decreases cash in the bank by 500.

B. Increases the cash in bank by 500 and decreases expense of rent by 500.

C. Increases the cash in bank by 500 and decreases account receivable by 500.

D. None of above

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