The payment of the amount owed to a supplier on account would be recorded as a. a
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The payment of the amount owed to a supplier on account would be recorded as
a. a debit to Cash and a credit to Accounts Payable.
b. a debit to Accounts Payable and a credit to Cash.
c. a debit to Accounts Receivable and a credit to Cash.
d. none of the above.
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Related Book For
Financial Accounting The Impact On Decision Makers
ISBN: 9780324655230
6th Edition
Authors: Gary A. Porter, Curtis L. Norton
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