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18. The accountant for Tom's Tax Preparation, Inc. recorded a transaction by debiting Accounts Payable and crediting Cash. Which of the following transactions did
18. The accountant for Tom's Tax Preparation, Inc. recorded a transaction by debiting Accounts Payable and crediting Cash. Which of the following transactions did the account record? A. The purchase of supplies on account. B. Payment to suppliers for goods originally purchased on account. OC. Receiving cash from suppliers. OD. Receipt of payment for services originally provided to customers on account.
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