Which pair of accounts follows the rules of debit and credit in the same manner?
A) Accounts Payable and Rent Expense
B) Repair and Maintenance Expense and Bank Loan Payable
C) Prepaid Insurance and Advertising Expense
D) Service Revenue and Accounts Receivable
Correct Answer:
Verified
Q48: Which of the following is not true
Q66: A T account is
A) a way of
Q67: In recording an accounting transaction in a
Q68: Which of the following correctly identifies the
Q69: The double-entry system requires that each transaction
Q70: A T account consists of
A) a title,
Q72: The right side of an account is
A)
Q73: An accountant has debited an asset account
Q74: The best interpretation of the word credit
Q140: Which of the following statements is true?
A)Debits
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