Which of the following entries records the payment of an account payable? a) Debit Accounts Payable, credit Cash b) Debit Cash, credit Accounts Payable c) Debit Expense, credit Cash d) Debit Cash, credit Expense
Which of the following entries records the payment of an account payable? a) Debit Accounts Payable, credit Cash b) Debit Cash, credit Accounts Payable c) Debit Expense, credit Cash d) Debit Cash, credit Expense
Chapter3: Analyzing And Recording Transactions
Section: Chapter Questions
Problem 6EB: For the following accounts indicate whether the normal balance is a debit or a credit. A. Unearned...
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Which of the following entries records the payment of an account payable? a) Debit Accounts Payable, credit Cash
b) Debit Cash, credit Accounts Payable c) Debit Expense, credit Cash
d) Debit Cash, credit Expense
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