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Company C purchased raw materials from Company A . Per the purchase agreement, Company C was required to pay for the full amount of the

Company C purchased raw materials from Company A

.

Per the purchase agreement, Company C was required to pay for the full amount of the raw materials in

30

days. Company C fulfilled its obligation to Company A as per the purchase agreement. Company C

s payment to Company A

,

reduces the accounts payable balance of Company A

.

True or false?

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