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Here are two questions: Which is the correct from your choice? Cash is increased with a debt Sales Revenue is increased with a debit Rent

Here are two questions:

Which is the correct from your choice?

Cash is increased with a debt

Sales Revenue is increased with a debit

Rent Expense is increased with a credit

Liabilities are increased with a debt.

2. Which choice would be incorrect based off the chart of accounts?

100 Cash

300 Sales Revenue

510 Miscellaneous Expense

220 Notes Payable

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