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    Exam 2: Recording Business Transactions
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    The Account Debited When Payment Is Made for Equipment Purchased
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The Account Debited When Payment Is Made for Equipment Purchased

Question 61

Question 61

Multiple Choice

The account debited when payment is made for equipment purchased previously on account is:


A) accounts payable.
B) cash.
C) accounts receivable.
D) equipment.

Correct Answer:

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