Multiple Choice
A business makes a cash payment of $12 000 to an account payable. Which account is debited?
A) Service revenue
B) Cash
C) Accounts receivable
D) Accounts payable
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q38: In a typical chart of accounts, what
Q39: A book holding all of the accounts
Q41: Which of the following is NOT an
Q42: A business collects cash from a customer
Q44: A journal entry for a $250 payment
Q45: Which of the following accounts increases with
Q47: A business renders services to a customer
Q82: A liability account is increased by a
Q101: An account is the detailed record of
Q219: An asset account is increased by a