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    Financial Accounting Study Set 1
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    Exam 3: The Income Statement
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    Which Account Is Least Likely to Be Credited When an Expense
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Which Account Is Least Likely to Be Credited When an Expense

Question 135

Question 135

Multiple Choice

Which account is least likely to be credited when an expense is recorded?


A) Cash
B) Accounts Payable
C) An account with the word "Prepaid" in its title
D) Accounts Receivable

Correct Answer:

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