Multiple Choice
Susan flew to San Francisco on a business trip that will be reimbursed by her employer. The purchase price of the ticket was $800 and it was bought on account. The entry to record the transaction is:
A) debit Accounts Payable, $800; credit Travel Expense, $800.
B) debit Capital, $800; credit Accounts Payable, $800.
C) debit Travel Expense, $800; credit Accounts Payable, $800.
D) debit Travel Expense, $800; credit Cash, $800.
Correct Answer:

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Correct Answer:
Verified
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