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A credit to a liability account would happen upon the sale of a product because: ANSWER Unselected The customer paid using a credit card that
A credit to a liability account would happen upon the sale of a product because: ANSWER Unselected The customer paid using a credit card that charges interest Unselected Merchandise was sold subject to state sales tax Unselected As a credit sale, an allowance account must be set up in case the customer does not pay Unselected The sale was made on credit and the customer is immediately determined to be a poor credit risk
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