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Fit-in-Cambridge Company paid $22,000 for goods it had purchased last month on account. What is the effect of the payment? Question 3 options: an increase
Fit-in-Cambridge Company paid $22,000 for goods it had purchased last month on account. What is the effect of the payment? Question 3 options: an increase in inventory and an increase in accounts payable a decrease in accounts payable and a decrease in cash a decrease in accounts payable and a decrease in inventory an increase cost of goods sold and a decrease in cash
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