The journal entry to record a particular business, Financial Accounting

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The journal entry to record a particular business

The journal entry to record a particular business transaction includes a credit to a liability account. This transaction is most likely also to include:

A) Issuance of new capital stock.

B) The purchase of an asset on account.

C) A cash payment.

D) A credit to Accounts Receivable.

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Financial Accounting: The journal entry to record a particular business

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