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    Financial Accounting Study Set 10
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    Exam 2: Transaction Analysis
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    If a Company Buys Inventory on Account
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If a Company Buys Inventory on Account

Question 179

Question 179

Multiple Choice

If a company buys inventory on account:


A) cash would decrease.
B) accounts payable would increase.
C) net income would increase.
D) common Stock would decrease.

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