The journal entry to record a payment on account to a supplier will a. debit Accounts Payable,
Question:
The journal entry to record a payment on account to a supplier will
a. debit Accounts Payable, and credit Retained Earnings,
b. debit Cash, and credit Expenses.
c. debit Expenses, and credit Cash.
d. debit Accounts Payable, and credit Cash.
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Related Book For
Financial Accounting
ISBN: 9780135433065
7th Canadian Edition
Authors: Walter Harrison, Wendy Tietz, C. Thomas, Greg Berberich, Catherine Seguin
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