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    Business
  3. Study Set
    College Accounting
  4. Exam
    Exam 6: Special Journals and Subsidiary Ledgers: the Basics: Sales and Cash
  5. Question
    Collected a Payment from a Credit Customer: This Will Be
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Collected a Payment from a Credit Customer: This Will Be

Question 112

Question 112

Multiple Choice

Collected a payment from a credit customer: This will be recorded with


A) a credit to an asset account.
B) a credit to a liability account.
C) a credit to Capital.
D) None of these are correct.

Correct Answer:

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