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    Fundamental Accounting Principles Study Set 5
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    Exam 9: Accounting for Receivables
  5. Question
    TechCom's Customer, RDA, Paid Off an $8,300 Balance on Its
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TechCom's Customer, RDA, Paid Off an $8,300 Balance on Its

Question 151

Question 151

True/False

TechCom's customer, RDA, paid off an $8,300 balance on its account receivable. TechCom should record the transaction as a debit to Accounts Receivable-RDA and a credit to Cash.

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