_____8. When Northwind Traders pays for office supplies purchased on account, the accounts debited and credited are:
Question:
_____8. When Northwind Traders pays for office supplies purchased 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.
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: