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Which of the following is the correct journal entry for recording paying off account payable owed to suppliers? A. Debit Cash and credit Service Revenue
Which of the following is the correct journal entry for recording paying off account payable owed to suppliers?
A. | Debit Cash and credit Service Revenue | |
B. | Debit Accounts Payable and credit Cash | |
C. | Debit Cash and credit Accounts Payable | |
D. | Debit Accounts Receivable and credit Cash |
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