Short Answer
Given the following accounts:
[1]Cash in bank
[2]Petty cash
[3]Supplies
[4]Equipment
[5]Notes payable
[6]Vouchers payable
[7]FICA payable
[8]Wages payable
[9]Purchases
[10]Purchase discounts
[11]Discounts lost
[12]Repairs exp
[13]Interest expense
[14]Delivery expense
Indicate the account(s) to be debited and credited to record the following transactions.
-Paid voucher #425,payment was after the discount period.
Debit ________ & ________ & ________ Credit ________ & ________ & ________
Correct Answer:

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