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The payment of a liability that originated from the purchase of merchandise inventory would result in: a. An increase in Accounts Payable and an increase
The payment of a liability that originated from the purchase of merchandise inventory would result in:
a. An increase in Accounts Payable and an increase in Inventory. | ||
b. A decrease in Accounts Payable and a decrease in Inventory. | ||
c. An increase in Accounts Payable and a decrease in Cash. | ||
d. A decrease in Accounts Payable and a decrease in Cash. |
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