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    Business
  3. Study Set
    Accounting Information for Business Decisions
  4. Exam
    Exam 3: Developing a Business Plan: Budgeting
  5. Question
    In the Operating Cycle, Credit Purchases of Goods or Services
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In the Operating Cycle, Credit Purchases of Goods or Services

Question 43

Question 43

True/False

In the operating cycle, credit purchases of goods or services by a business result in accounts payable.

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