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2 part Abusiness paid $2.400 on account. The joumal entry would O A debit Accounts Payable for $2,400 and credit Cash for $2.400 OB debit
2 part
Abusiness paid $2.400 on account. The joumal entry would O A debit Accounts Payable for $2,400 and credit Cash for $2.400 OB debit Cash for $2.400 and credit Retained Earnings for $2.400 OC. debit Accounts Receivable for $2,400 and credit Revenue for $2,400. OD. debit Cash for $2.400 and credit Accounts Payable for $2.400 Under the direct method of preparing the operating section of the statement of cash flows net cash provided by financing activities is $488.000. the Indirect method of preparing the statement of cash flow was used OA nosh provided by operating activities would equal $400,000 On net cash provided by financing activities would be more than 5498,000 O net cash provided by financing activities would be the same, 498,000 OD net cash provided by financing activities would be less than 5498,000Step by Step Solution
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