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Alicia Tax Services paid $500 to settle an account payable. Which of the following general journal entries will Alicia Tax Services make to record this

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Alicia Tax Services paid $500 to settle an account payable. Which of the following general journal entries will Alicia Tax Services make to record this transaction? Debit Cash, $500; credit Office supplies, $500 Debit Office supplies, $500; credit Accounts payable, $500 O Debit Office supplies expense, $500; Credit Cash, $500 O Debit Accounts payable, 5500; credit Cash, $500. Debit Office supplies, $500; Credit Cash, $500

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