The journal entry to record a payment on account to a supplier will a. debit Accounts Payable,

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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 book-img-for-question

Financial Accounting

ISBN: 9780135433065

7th Canadian Edition

Authors: Walter Harrison, Wendy Tietz, C. Thomas, Greg Berberich, Catherine Seguin

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Question Posted: May 08, 2024 09:02 AM

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The journal entry to record a payment on account to a supplier will a. debit Accounts Payable,

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Financial Accounting

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