Accountıng I Deneme Sınavı Sorusu #1227032
Which of the following accounts is debit when purchasing stocks on account?
Merchandise İnventory |
Account Payable |
Account Receivable |
Sales Revenue |
Cash |
Yanıt Açıklaması:
When purchasing inventory on account, imerhandise inventory account is debitted. Account payable account is credited.
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