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    Horngrens Accounting Study Set 2
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    Exam 7: Accounting Information Systems
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    The Account That Is Credited for Every Transaction Entered in the Purchases
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The Account That Is Credited for Every Transaction Entered in the Purchases

Question 18

Question 18

Multiple Choice

The account that is credited for every transaction entered in the purchases journal is:


A) cash.
B) accounts payable.
C) accounts receivable.
D) sales discounts.

Correct Answer:

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