Which of the following accounts are used when recording a purchase? A. Cash, merchandise inventory B. Accounts

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Which of the following accounts are used when recording a purchase?
A. Cash, merchandise inventory
B. Accounts payable, merchandise inventory
C. A or B
D. Cash, accounts payable

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Related Book For  book-img-for-question

Principles Of Accounting Volume 1 Financial Accounting

ISBN: 9781593995942

1st Edition

Authors: Mitchell Franklin, Patty Graybeal, Dixon Cooper, OpenStax

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