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An Indian real estate company receives rent from Google in New York. This transaction would be recorded on the ______ side of the ______ account. -

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Question

An Indian real estate company receives rent from Google in New York. This transaction would be recorded on the ______ side of the ______ account.

Options

  • credit, current

  • debit, capital

  • credit, capital

  • debit, current

MCQ
Fill in the Blanks

Solution

credit, current

Explanation:

It is a money influx that occurs on a regular basis.

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