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Which of the Following Transactions Will Record the Payment of an $850

Question 54

Multiple Choice

Which of the following transactions will record the payment of an $850 accounts payable originally incurred for Office Supplies?


A) Increase Office Supplies; decrease Cash
B) Increase Office Supplies; increase Accounts Payable
C) Increase Cash; increase Accounts Payable
D) Decrease Accounts Payable; decrease Cash

Correct Answer:

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