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A company received a $ 500 invoice for building repairs. This service was provided on credit. How should this transaction be recorded? Multiple Choice

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A company received a $ 500 invoice for building repairs. This service was provided on credit. How should this transaction be recorded? Multiple Choice Repair Expense Cash $500 $500 Repair Expense $500 Accounts Payable $500 Repair Expense $ 500 Accounts Receivable $500 Cash $500 Accounts Payable $500

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