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On June 30, JJ pays $1,000 for July's automobile insurance. (Watch those dates!) a. Debit Assets b. Credit Assets c. Debit Liabilities d. Credit Liabilities

On June 30, JJ pays $1,000 for July's automobile insurance. (Watch those dates!) a. Debit Assets b. Credit Assets c. Debit Liabilities d. Credit Liabilities e. Debit Equity f. Credit Equity g. No transaction

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