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Author Question: Which of the following accounts usually has a debit balance? a. Accounts Payable b. Sales Tax ... (Read 154 times)

Marty

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on: Jul 5, 2018
Which of the following accounts usually has a debit balance?
 a. Accounts Payable
  b. Sales Tax Payable
  c. Sales
  d. Merchandise Inventory

Question 2

The Securities and Exchange Commission (SEC) requires all publicly traded companies to have a fiscal yearend of December 31.
 
  Indicate whether the statement is true or false


prumorgan

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Reply #1 on: Jul 5, 2018
Answer to Question 1

d

Answer to Question 2

FALSE


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