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harra harra
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6 years ago
Which of the following journal entries would be recorded if a business makes a cash payment to a supplier  of $600 "on account" (the business had purchased supplies on account in the previous month)?
A)
Cash   600    
        Accounts payable      600

B)
Accounts payable   600    
        Cash      600

C)
Cash   600    
        Supplies      600

D)
Accounts payable   600    
       Supplies      600
Textbook 
Accounting, Volume 1, Canadian Edition

Accounting, Volume 1, Canadian Edition


Edition: 9th
Authors:
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migrodmigrod
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6 years ago
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harra Author
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#2
6 years ago
Can't believe how you found this in the textbook, great answer.
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