_____7. When you post a transaction for purchasing office supplies on account, the accounts debited and credited
Question:
_____7. When you post a transaction for purchasing office supplies on account, the accounts debited and credited are:
a. Dr. Office Supplies; Cr. Accounts Payable/Vendor.
b. Dr. Accounts Payable/Vendor; Cr. Checking Account.
c. Dr. Office Supplies; Cr. Cash.
d. Dr. Office Equipment; Cr. Cash.
e. None of the above.
Vendors & Payables 111 The McGraw-Hill Companies, Inc., Computer Accounting with Microsoft Office Accounting 2007
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Computer Accounting Essentials With Microsoft Office Accounting 2007
ISBN: 9780077233747
1st Edition
Authors: Carol Yacht, Susan Crosson
Question Posted: