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10 September, 10:56

Owes Ace Auto Company $500 (Accounts Payable)

A. Asset

C. Both

B. Liability

D. Neither

+1
Answers (2)
  1. 10 September, 12:35
    0
    A. Asset because it'd be marked like that
  2. 10 September, 12:40
    0
    The answer would be A. Assets
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