Multiple Choice
On October 3, Jimmy Stokes, a musician, received a cash payment for services previously billed to a client. Jimmy paid his cell phone bill. He also bought supplies on account. For the three transactions, at least one of the entries will include a
A) credit to Owner's Drawings.
B) credit to Supplies Expense.
C) debit to Accounts Payable.
D) credit to Accounts Receivable.
Correct Answer:

Verified
Correct Answer:
Verified
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