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Miller Is the Owner of a Restaurant That Has Several

Question 98

Multiple Choice

Miller is the owner of a restaurant that has several franchises. One of the franchisees owes Miller a sum of $18,000 for the goods that he had bought from Miller on credit. In this scenario, the money owed to Miller is known as _____.


A) checkoff
B) the freight expense
C) accounts receivable
D) the laid-down cost

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