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    Accounting Study Set 1
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    Exam 2: Recording Business Transactions
  5. Question
    A Business Makes a Cash Payment of $12,000 to a Creditor.Which
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A Business Makes a Cash Payment of $12,000 to a Creditor.Which

Question 156

Question 156

Multiple Choice

A business makes a cash payment of $12,000 to a creditor.Which of the following accounts is credited?


A) Cash
B) Accounts Payable
C) Bank
D) Accounts Receivable

Correct Answer:

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