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  3. Study Set
    Financial Accounting Study Set 10
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    Exam 2: Transaction Analysis
  5. Question
    The Debt Created by a Business When It Makes a Purchase
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The Debt Created by a Business When It Makes a Purchase

Question 18

Question 18

Multiple Choice

The debt created by a business when it makes a purchase on account is a(n) :


A) revenue.
B) prepaid expense.
C) account receivable.
D) account payable.

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