menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Financial Accounting Study Set 29
  4. Exam
    Exam 2: Transaction Analysis
  5. Question
    Making a Cash Payment to Settle a Debt Would Include
Solved

Making a Cash Payment to Settle a Debt Would Include

Question 40

Question 40

Multiple Choice

Making a cash payment to settle a debt would include a:


A) debit to Cash.
B) credit to Cash Payments.
C) credit to Accounts Receivable.
D) debit to Accounts Payable.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q35: If the payment of a utilities bill

Q36: The payment of salaries to employees would:<br>A)increase

Q37: The trial balance is not a formal

Q38: A trial balance prepared by an inexperienced

Q39: An account is increased by a debit

Q41: When the trial balance is out of

Q42: The journal entry to record performing a

Q43: A company purchased office supplies for cash.

Q44: A journal entry is an event that

Q45: Accrued Liabilities is a liability account.

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines