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    Financial Accounting Study Set 29
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    Exam 2: Transaction Analysis
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    The Normal Balance of the Accounts Payable Account Is a Because
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The Normal Balance of the Accounts Payable Account Is a Because

Question 46

Question 46

Multiple Choice

The normal balance of the Accounts Payable account is a because it is an) account.


A) debit, stockholders' equity
B) debit, asset
C) credit, liability
D) credit, expense

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