Your business is creating a journal entry for your rent. Is this journal entry correct? Date Account 12/1/2020 Cash Debit 2,000 Credit Rent Expense 2,000 a) True b) False Question 29 (1 point) Listen In your new business, you may have chosen to form a corporation so that you can issue stock. This gives you access to the capital markets so your company can gain a large amount of cash quickly in exchange for part ownership in the company. a) True b) False