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Of the following, which 50-year-old would be most likely to binge drink?
Credit Account
A Credit Account is a type of financial account that records the amounts that are owed by a business to its suppliers or creditors, which are typically settled at a later date.
General Ledger
A complete record of all financial transactions made over the life of a company.
Asset Accounts
Accounts on a company's balance sheet that represent valuable resources controlled by the company and that have future economic value.
Liability Accounts
Accounts on a company's balance sheet that represent what the company owes to others, such as loans, accounts payable, mortgages, and accrued expenses.
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