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    Exam 1: Accounting and the Business Environment
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    ________ Represents a Short-Term Liability Created by Purchasing "On Account
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________ Represents a Short-Term Liability Created by Purchasing "On Account

Question 67

Question 67

Multiple Choice

________ represents a short-term liability created by purchasing "on account."


A) Accounts Receivable
B) Notes Payable
C) Accounts Payable
D) Expenses

Correct Answer:

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