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Home Q & A Board Other Fields Homework Help Business Accounting
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StormLrd StormLrd
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6 years ago
When a company purchases inventory on account (that is, on credit), which type of account is credited to record the transaction?
A) asset
B) expense
C) liability
D) owners' equity
Textbook 
Cost Accounting: A Managerial Emphasis, Canadian Edition

Cost Accounting: A Managerial Emphasis, Canadian Edition


Edition: 7th
Authors:
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msayed2004msayed2004
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#1
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6 years ago
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StormLrd Author
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6 years ago
Thanks
kaytee23
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
dedricgard
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2 hours ago
This site is awesome
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