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25 October, 10:38

Owes Ace Auto Company $500 (Accounts Payable)

A. Asset

C. Both

B. Liability

D. Neither

+5
Answers (2)
  1. 25 October, 10:45
    0
    A. Asset because it'd be marked like that
  2. 25 October, 11:11
    0
    The answer would be A. Assets
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