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    Exam 2: Qualities of Accounting Information
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    Team Shirts Sold $125 Worth of T-Shirts to a Customer
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Team Shirts Sold $125 Worth of T-Shirts to a Customer

Question 96

Question 96

Multiple Choice

Team Shirts sold $125 worth of T-shirts to a customer on credit.This transaction includes ________.


A) an account receivable
B) an account payable
C) a prepaid sale
D) T-shirt expense

Correct Answer:

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