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When the ABC Toy Company buys $10,000 in toys on credit from Busy Bee Manufacturing, in which of the following types of accounts is the

When the ABC Toy Company buys $10,000 in toys on credit from Busy Bee Manufacturing, in which of the following types of accounts is the credit purchase recorded on the ABC Toy Companys books?

  1. Accounts Receivable
  2. Accounts Payable
  3. Sales
  4. Interest
  5. Loans

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