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The general ledger account Accounts Payable is a current __________account. 2.A __________ balance is typical for Accounts Payable. Debit Credit 3.The balance in Accounts Payable

  1. The general ledger account Accounts Payable is a current __________account.
  2. 2.A __________ balance is typical for Accounts Payable. Debit Credit
  3. 3.The balance in Accounts Payable is decreased with a __________ entry. Debit Credit
  4. 4.An account payable on the books of the buyer should be an account __________on the books of the seller.
  5. 5.Accounts payable are also known as __________payables.

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