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Jerika has to choose among four different ability tests. Of these options, which one represents the BEST choice?
Creditors
Individuals or entities to whom a company owes money or has financial obligations, typically arising from purchase of goods or services on credit.
Accounts Payable
A liability account tracking money owed by a business to suppliers or creditors for goods and services received.
Revenue Account
An account that records sales, services, or other income earned by a business.
Asset Account
Accounts on a balance sheet that represent the resources owned by a company, which are expected to provide future economic benefits.
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