Multiple Choice
A check drawn by a company for $360 in payment of a liability was recorded in the journal as $630.What entry is required in the company's accounts?
A) debit Accounts Payable; credit Cash
B) debit Cash; credit Accounts Receivable
C) debit Cash; credit Accounts Payable
D) debit Accounts Receivable; credit Cash
Correct Answer:
Verified
Correct Answer:
Verified
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