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The journal entry to record a particular business transaction includes a credit to a liability account. This transaction is most likely also to include: A.)
The journal entry to record a particular business transaction includes a credit to a liability account. This transaction is most likely also to include:
A.) Issuance of new capital stock.
B.) The purchase of an asset on account.
C.) A cash payment.
D.) A credit to Accounts Receivable.
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