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At the beginning of 2020 X company has following accounts in its statement of Financail Position: A/P $5000, Sales tax Payable $3000, Unearned Revenue $2500,
At the beginning of 2020 X company has following accounts in its statement of Financail Position: A/P $5000, Sales tax Payable $3000, Unearned Revenue $2500, N/P $6000, during January the company's sales on account was $8000 and paid $6000 from balance of A/P, at the entry of paying A/P, A/P should be?
a. Credited by $6000.
b. Debited by $8000.
c. Debited by $6000.
d. Credited by $8000.
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