To Record the Payment of a Purchase Invoice When a Cash

question 81

Multiple Choice

To record the payment of a purchase invoice when a cash discount is taken,the accountant would

• A) debit Accounts Payable,credit Purchases Discounts,and credit Cash.
• B) debit Accounts Payable,debit Purchases Discounts,and credit Cash.
• C) debit Accounts Payable and credit Cash.
• D) debit Purchases,credit Purchases Discounts,and credit Cash.

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Definitions:

Renal Pelvis

The central part of the kidney where urine collects before being passed into the ureter.

Cystectomy

A surgical operation to remove the urinary bladder.

Surgical Excision

The process of removing tissue or part of an organ by a surgical procedure.

Bladder

A hollow organ in the lower abdomen that stores urine.