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    Financial Accounting Study Set 1
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    Exam 9: Current Liabilities and Long-Term Debt
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    Identify the General Ledger Accounts That Would Be Debited and Credited
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Identify the General Ledger Accounts That Would Be Debited and Credited

Question 81

Question 81

Short Answer

Identify the general ledger accounts that would be debited and credited when making a payment on account, such as a telephone bill.

Correct Answer:

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Debit to A...

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