Question: Describe the difference between the two listed accounts. 1. Accounts Receivable and Accounts Payable 2. Rent Revenue and Rent Expense 3. John Doe, Capital and

Describe the difference between the two listed accounts.

1. Accounts Receivable and Accounts Payable

2. Rent Revenue and Rent Expense

3. John Doe, Capital and John Doe Drawing

4. Accounts Receivable and Notes Receivable

5. John Doe, Capital and Cash

6. Interest Revenue and Interest Expense

7. Loans Receivable and Loans Payable

8. Notes Payable and Accounts Payable

9. John Doe, Withdrawals and Rent Expense

10. Telephone Expense and Utilities Expense

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