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    Business
  3. Study Set
    Financial Accounting A User Perspective
  4. Exam
    Exam 2: Business Transaction Analysis and Financial Statement Effects
  5. Question
    The Asset That Results When a Customer Buys Goods or Services
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The Asset That Results When a Customer Buys Goods or Services

Question 46

Question 46

Multiple Choice

The asset that results when a customer buys goods or services on credit is:


A) Accounts receivable
B) Accounts payable
C) Notes receivable
D) Cash

Correct Answer:

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