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    Business
  3. Study Set
    Financial Accounting
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    Exam 2: Recording Business Transactions
  5. Question
    A Business Collects Cash from a Customer in Payment of Accounts
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A Business Collects Cash from a Customer in Payment of Accounts

Question 65

Question 65

Multiple Choice

A business collects cash from a customer in payment of accounts receivable.Which account is credited?


A) Supplies
B) Cash
C) Accounts receivable
D) Service revenue

Correct Answer:

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