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Sebastian Wrote a Check to Pay a Supplier's Invoice

Question 35

Multiple Choice

Sebastian wrote a check to pay a supplier's invoice. The check had to be signed by two company officers and was later part of a monthly bank reconciliation. The canceled check was filed under the supplier's name.
-In the preceding scenario, ___ was both an input and an output.


A) The invoice.
B) The supplier's name.
C) The two signatures.
D) Sebastian.

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