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The journal entry to record taking a discount when paying for goods previously purchased on account includes a: Multiple Choice credit to a liability account.
The journal entry to record taking a discount when paying for goods previously purchased on account includes a:
Multiple Choice
credit to a liability account.
credit to two asset accounts.
debit to an expense account.
debit to an asset account.
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Cost Accounting Fundamentals Essential Concepts And Examples
Authors: Steven M. Bragg
6th Edition
1642210234, 9781642210231
