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    College Accounting Study Set 1
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    Exam 11: Preparing a Worksheet for a Merchandise Company
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    Mortgage Payable Is What Type of Account
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Mortgage Payable Is What Type of Account

Question 73

Question 73

Multiple Choice

Mortgage Payable is what type of account?


A) Asset
B) Liability
C) Expense
D) Contra-asset

Correct Answer:

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