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  3. Study Set
    Principles of Accounting
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    Exam 3: Measuring Business Income
  5. Question
    A Customer's Promise to Pay for Goods or Services
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A Customer's Promise to Pay for Goods or Services

Question 50

Question 50

Multiple Choice

A customer's promise to pay for goods or services


A) decreases the company's liabilities.
B) increases the company's Cash account.
C) creates a liability for the company.
D) increases the assets of the company.

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