Multiple Choice
Sending out a cheque to settle a debt would include a:
A) debit to Cash and a credit to Accounts Receivable
B) debit to Accounts Receivable and a credit to Cash
C) debit to Accounts Payable and a credit to Cash
D) debit to Accounts Payable and a credit to Accounts Receivable
Correct Answer:

Verified
Correct Answer:
Verified
Q3: List the types of accounts that appear
Q34: A chart of accounts is:<br>A) a list
Q68: The normal balance of the Dividends account
Q72: Describe what is listed on a trial
Q97: The account credited when supplies are purchased
Q102: The payment of an amount owed to
Q102: A transaction involving the cash purchase of
Q142: Receiving a cheque from a customer on
Q154: The accounting transaction to record the payment
Q156: If a transposition error has occurred when