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    Financial Accounting Study Set 7
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    Exam 2: Recording Business Transactions
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    Which Type of Account Is Credited When a Company Pays
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Which Type of Account Is Credited When a Company Pays

Question 152

Question 152

Multiple Choice

Which type of account is credited when a company pays its employees?


A) an expense account
B) an asset account
C) a liability account
D) the owners' equity account

Correct Answer:

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