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The Gutter Experts Co . received tools such as ladders and hammers from one of its materials suppliers on credit. Since The Gutter Experts Co
The Gutter Experts Co received tools such as ladders and hammers from one of its materials suppliers on credit. Since The Gutter Experts Co is a regular customer, the supplier has made an agreement to give the company discounts if it pays its bill early. Which of the following shortterm liabilities does this scenario best describe?
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trade credit
discount window
accounts receivable
line of credit
certificates of deposit
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