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Making Payments to a Vendor,with Whom a Credit Line Is

Question 79

Multiple Choice

Making payments to a vendor,with whom a credit line is already established,would be initially recorded in which type of accounting record and as part of what transaction cycle?


A) purchases journal;expenditure cycle
B) general journal;expenditure cycle
C) general ledger;expenditure cycle
D) cash disbursements journal;expenditure cycle

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