Question: Identify the most relevant transaction for this entry: Assets +12 000 Owners' Equity Liabilities +12 000 0 O A. Paid R12 000 cash for
Identify the most relevant transaction for this entry: Assets +12 000 Owners' Equity Liabilities +12 000 0 O A. Paid R12 000 cash for rent. B. Received R12 000 cash for rent. C. Received R12 000 cash from debtors. O D. Paid R12 000 for insurance.
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