Multiple Choice
Receiving a $350 payment on an account with a current balance of $800 would include a:
A) debit to cash and a credit to accounts payable for $350.
B) debit to cash and a credit to accounts receivable for $350.
C) credit to cash and a credit to accounts receivable for $350.
D) debit to accounts receivable and a credit to cash for $350.
Correct Answer:
Verified
Correct Answer:
Verified
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