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    Business
  3. Study Set
    Financial Accounting
  4. Exam
    Exam 2: Recording Business Transactions
  5. Question
    A Business Makes a Cash Payment of $12 000 to an Account
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A Business Makes a Cash Payment of $12 000 to an Account

Question 12

Question 12

Multiple Choice

A business makes a cash payment of $12 000 to an account payable.Which account is credited?


A) Service revenue
B) Accounts receivable
C) Accounts payable
D) Cash

Correct Answer:

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