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majestico majestico
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Posts: 1455
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7 years ago
The business incurred an expense and paid it immediately. To record this:
A) an expense is debited and an asset is credited.
B) an expense is debited and a liability is credited.
C) an asset is debited and asset is credited.
D) None of these is correct.
Textbook 
College Accounting: A Practical Approach

College Accounting: A Practical Approach


Edition: 13th
Author:
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OmpaOmpa
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7 years ago
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