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  3. Study Set
    Financial Accounting Study Set 6
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    Exam 2: Transaction Analysis
  5. Question
    A Business Purchases a Truck by Signing a Note Payable
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A Business Purchases a Truck by Signing a Note Payable

Question 76

Question 76

Multiple Choice

A business purchases a truck by signing a note payable to the seller. This transaction would include a:


A) credit to Truck.
B) debit to Note Payable.
C) credit to Note Payable.
D) debit to Prepaid Maintenance.

Correct Answer:

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