Question 30 (Mandatory) (4 points) A company had the following cash transactions occur during the current month. The journal entry to record the transaction will include the Cash account. What type of account should the other account in the journal entry be? Purchase a new computer. 1. An asset account. Sell shares of stock to new owners. 2. A liability account. Perform services for customers. 3. An equity account Borrow money from the bank. 4. A revenue account. 5. An expense account. Pay current month's rent for office space. Previous Page Next Page Page 30 of 79 MacBook Air