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Question 12: A company purchased $25,000 of goods one month ago. Today, the debt is paid. Which one of the following is the payment entry

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Question 12: A company purchased $25,000 of goods one month ago. Today, the debt is paid. Which one of the following is the payment entry (record)? a) CASH 25,000 25,000 SUPPLIER b) ACCOUNTS PAYABLE 25,000 CASH 25,000 c) CASH 25,000 ACCOUNTS RECEIVABLE 25,000 d) ACCOUNTS RECEIVABLE 25,000 CASH 25,000 e) CASH 25,000 UNEARNED SERVICE REVENUE 25,000

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