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Explain which of the following items would move spontaneously with sales and which would not. Retained Earnings Notes Payable Accounts Receivable Long-Term Debt Accounts Payable

Explain which of the following items would move spontaneously with sales and which would not.

  1. Retained Earnings
  2. Notes Payable
  3. Accounts Receivable
  4. Long-Term Debt
  5. Accounts Payable

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