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    Accounting Study Set 3
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    Exam 1: Accounting and the Business Environment
  5. Question
    A Debt That a Business Owes Is Called ________
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A Debt That a Business Owes Is Called ________

Question 18

Question 18

Multiple Choice

A debt that a business owes is called ________.


A) an asset
B) a liability
C) stockholders' equity
D) revenue

Correct Answer:

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