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    Principles of Management Study Set 2
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    Exam 14: The Essentials of Control
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    If $20,000 Is Made as a Down Payment and $80,000
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If $20,000 Is Made as a Down Payment and $80,000

Question 14

Question 14

Multiple Choice

If $20,000 is made as a down payment and $80,000 is financed with a bank note to buy land and a building, the $80,000 is the


A) short term debt.
B) assets.
C) accounts receivable.
D) long-term debt.

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