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    Financial Accounting Study Set 19
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    Exam 1: A Framework for Financial Accounting
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    The Accounts That Represent Resources Owed to Creditors Are Called
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The Accounts That Represent Resources Owed to Creditors Are Called

Question 11

Question 11

Multiple Choice

The accounts that represent resources owed to creditors are called:


A) Assets.
B) Liabilities.
C) Dividends.

Correct Answer:

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