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A firm withdraws 12.000 TL from its revolving line of credit to pay taxes payable. Which one will be the accounting record for this transaction?

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A firm withdraws 12.000 TL from its revolving line of credit to pay taxes payable. Which one will be the accounting record for this transaction? Select one: Taxes Payable 12.000 debit, Bank Loans 12.000 credit Notes Payable 12.000 debit, Bank Loans 12.000 credit Banks 12.000 debit, Bank Loans 12.000 credit O Accounts Payable 12.000 debit, Bank Loans 12.000 credit

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