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Renoir Associates Paid One of Its Creditors $584 on Their

Question 49

Multiple Choice

Renoir Associates paid one of its creditors $584 on their balance due. The journal entry would require a:


A) debit to Cash and a credit to Accounts Payable.
B) debit to Cash and a credit to Accounts Receivable.
C) credit to Cash and a debit to Accounts Receivable.
D) debit to Accounts Payable and credit to Cash.

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