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identify the accounts debit or credit ools Add-ons Help All changes saved In Drive xt Arial 11 BI UA Tale 2 3 1 Debit: rent

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ools Add-ons Help All changes saved In Drive xt Arial 11 BI UA Tale 2 3 1 Debit: rent expense Credit: cash account Paid monthly income taxes Debit: income expense Credit: cash account Board of Directors declared and paid dividends Debit: Credit: I Identity the accounts (Debit/Credit) you would use for the transactions: Received cash and issued common stock to shareholders. 14

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