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B2C Payments Can Be Made with Cash, Checks, Mobile Payment

Question 19

Multiple Choice

B2C payments can be made with cash, checks, mobile payment apps, or credit cards, but they are referred to as ________ because the accounting transactions are all recorded to the ________ account on the balance sheet.


A) credit, debit
B) cash, cash
C) debit, cash
D) debit, credit

Correct Answer:

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