Solved

Ralph Pine Consulting Received Its Telephone Bill in the Amount

Question 124

Multiple Choice

Ralph Pine Consulting received its telephone bill in the amount of $300, and immediately paid it. Pine's general journal entry to record this transaction will include a


A) Debit to Cash for $300.
B) Debit to Accounts Payable for $300.
C) Credit to Telephone Expense for $300.
D) Debit to Telephone Expense for $300.
E) Credit to Accounts Payable for $300.

Correct Answer:

verifed

Verified

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

Related Questions