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Question 7 (1 point) An unconditional written promise to pay a definite sum of money on demand or on a defined future date (or dates)

Question 7 (1 point) An unconditional written promise to pay a definite sum of money on demand or on a defined future date (or dates) is a(n): a. Unearned revenue b Account payable c Promissory note. d Prepaid expense Question 8 (t point) A contra-asset account has a normal debit balance. true falce

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