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Description: The amount to be paid by the business to the supplier who supplied the material on credit isa.Creditorb.Accounts payablec.Accounts receivabled.Supplier

Business

Accounting

The amount to be paid by the business to the supplier who supplied the material on credit is a. Creditor b. Accounts payable c. Accounts receivable d. Supplier

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter6: Merchandising Transactions

Section: Chapter Questions

Problem 13MC: Which of the following accounts are used when recording the sales entry of a sale on credit? A....

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