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Which of the Following Journal Entries Would Be Recorded If  Cash 750 Accounts Payable 750\begin{array}{|l|r|r|}\hline \text { Cash } & 750 \\\hline \text { Accounts Payable } &&750 \\\hline\end{array}

Question 202

Multiple Choice

Which of the following journal entries would be recorded if a business purchased office supplies on account in a previous accounting period and now makes a cash payment of $750 to the supplier to settle the account?


A)  Cash 750 Accounts Payable 750\begin{array}{|l|r|r|}\hline \text { Cash } & 750 \\\hline \text { Accounts Payable } &&750 \\\hline\end{array}

B)  Accounts Payable 750 Cash 750\begin{array}{|l|r|r|}\hline \text { Accounts Payable } & 750 \\\hline \text { Cash } &&750 \\\hline\end{array}

C)  Office Supplies 750 Cash 750\begin{array}{|l|r|r|}\hline \text { Office Supplies } & 750 \\\hline \text { Cash } &&750 \\\hline\end{array}

D)  Accounts Payable 750 Office Supplies 750\begin{array} { | c | r | r | } \hline \text { Accounts Payable } & 750 & \\\hline \text { Office Supplies } & & 750 \\\hline\end{array}

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