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    Business
  3. Study Set
    College Accounting
  4. Exam
    Exam 3: Beginning the Accounting Cycle: Journalizing, Posting, and the Trial Balance
  5. Question
    If Accounts Payable Has Been Debited, It Is Most Likely
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If Accounts Payable Has Been Debited, It Is Most Likely

Question 88

Question 88

Multiple Choice

If Accounts Payable has been debited, it is most likely that


A) a payment was made on account.
B) a purchase was made on account.
C) a charge customer made a payment.
D) None of these are possible.

Correct Answer:

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