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3 Written questions

2 Multiple choice questions

  1. Debited - Expense.
    Credit - Contra Asset.
  2. Debited - Assets.
    Credit - Revenue.

2 True/False questions

  1. Prepaid expense.Debited - Expense.
    Credit - Liability

          

  2. Accrued expense.Debited - Assets.
    Credit - Revenue.

          

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