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Which of the following accounts is increased with a debit? common stock dividends service revenue accounts payable On August 21, we paid four months rent
Which of the following accounts is increased with a debit?
common stock
dividends
service revenue
accounts payable
On August 21, we paid four months rent in advance, which totaled $3,200. What account would we credit when we journalize this entry? Group of answer choices rent expense cash prepaid rent account payable
rent expense
cash
prepaid rent
account payable
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