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    Fundamental Accounting Principles Study Set 2
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    Exam 1: Accounting in Business
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    Assets Created by Selling Products or Services on Credit Are
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Assets Created by Selling Products or Services on Credit Are

Question 71

Question 71

Multiple Choice

Assets created by selling products or services on credit are:


A) Accounts payable.
B) Accounts receivable.
C) Liabilities.
D) Expenses.
E) Equity.

Correct Answer:

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