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Question 17 (5 points) Match the accounting entry with the correct business process. Record purchases of inventory Record revenue. 1. Sales and collections process 2.

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Question 17 (5 points) Match the accounting entry with the correct business process. Record purchases of inventory Record revenue. 1. Sales and collections process 2. Purchases and payments process c Record payment of supplier invoices. 3. Conversion process Record accounts receivable. Do 4. Payroll process Record transfer of raw material to work-in-process inventory. Previous Page Next Page Page 17 of 54

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