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A Business Pays a Creditor on Account

Question 80

Multiple Choice

A business pays a creditor on account. The entry to record this transaction is:


A) Debit Cash; Credit Accounts Payable
B) Debit Accounts Receivable; Credit to Cash
C) Debit Accounts Receivable; Credit Accounts Payable
D) Debit Accounts Payable; Credit Cash

Correct Answer:

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