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  2. Topic
    Business
  3. Study Set
    College Accounting
  4. Exam
    Exam 3: Beginning the Accounting Cycle: Journalizing, Posting, and the Trial Balance
  5. Question
    If Accounts Payable Has Been Debited, It Is Most Likely
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If Accounts Payable Has Been Debited, It Is Most Likely

Question 9

Question 9

Multiple Choice

If Accounts Payable has been debited, it is most likely that


A) the company made a payment to a creditor.
B) a customer made a payment.
C) the company made a purchase on account.
D) None of these are possible.

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