Question: plese answer all Question 6 (1 point) Indicate which financial reporting element the following account belongs in. Rent expense 1) assets 2) liabilities 3) expenses

plese answer all plese answer all Question 6 (1 point) Indicate which financial reporting

3) expenses 4) equity 5) revenues Question 7 (1 point) The transaction

Question 6 (1 point) Indicate which financial reporting element the following account belongs in. Rent expense 1) assets 2) liabilities 3) expenses 4) equity 5) revenues Question 7 (1 point) The transaction below affects BOTH the accounts named. Paid utility costs of $450 for utility usage last month: Utilities Expense, Cash. 1) True 2) False Question 8 (1 point) The transaction below affects BOTH the accounts named. Paid interest on the loan from the bank, $120, cash: Interest Expense, Cash. 1) True 2) False Question 9 (1 point) The transaction below affects BOTH the accounts named. Paid off your loan of $10,000 using cash: Interest Expense, Cash. 1) True 2) False Question 10 (1 point) The transaction below affects BOTH the accounts named. Paid the rent for the current month, $2,450: Rent Expense, Cash. 1) True 2) False

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