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    Financial Accounting Study Set 1
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    Exam 2: The Balance Sheet
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    Listed Below Are Components of Several Transactions
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Listed Below Are Components of Several Transactions

Question 153

Question 153

Multiple Choice

Listed below are components of several transactions.Indicate whether a debit (dr) or credit (cr) would be required to record the component of the transaction.
-Increase in Accounts Payable.


A) cr
B) dr

Correct Answer:

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