Which account is least likely to be debited when revenue is recorded? a. Accounts Payable b. Accounts

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Which account is least likely to be debited when revenue is recorded?

a. Accounts Payable
b. Accounts Receivable
c. Cash
d. Deferred Revenue

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Fundamentals Of Financial Accounting

ISBN: 9781265440169

7th Edition

Authors: Fred Phillips, Shana Clor Proell, Robert Libby, Patricia Libby

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Question Posted: Oct 29, 2021 02:31 AM

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Which account is least likely to be debited when revenue is recorded? a. Accounts Payable b. Accounts

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Option a is correct The accounts payable should never be debited while recording revenue Accounts pa...View the full answer

Fundamentals Of Financial Accounting

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