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A company pays for a purchase with a credit card. What is the effect of this purchase on the accounts? An expense account will decrease
A company pays for a purchase with a credit card. What is the effect of this purchase on the accounts?
An expense account will decrease
Accounts payable will increase
A revenue account will increase
Inventory will decrease
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Corporate Financial Reporting In A Competitive Economy (RLE Accounting)
Authors: Herman W. Bevis
1st Edition
1138966819, 9781138966819
