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Paying a Previously Recorded Invoice from a Supplier (Of Supplies)

Question 52

Multiple Choice

Paying a previously recorded invoice from a supplier (of supplies) involves:


A) Increasing Supplies and decreasing Cash
B) Decreasing Accounts Payable and decreasing Cash
C) Increasing Supplies and increasing Accounts Payable
D) Increasing Cash and decreasing Supplies
E) None of the above

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