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  3. Study Set
    Financial Accounting Study Set 26
  4. Exam
    Exam 2: Recording Business Transactions
  5. Question
    Paying by Cheque to Settle a Debt Would Include A
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Paying by Cheque to Settle a Debt Would Include A

Question 3

Question 3

Multiple Choice

Paying by cheque to settle a debt would include a:


A) debit to Accounts Receivable and a credit to Cash
B) debit to Accounts Payable and a credit to Cash
C) debit to Accounts Payable and a credit to Accounts Receivable
D) debit to Cash and a credit to Accounts Receivable

Correct Answer:

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