Alex Returned All of the $2,000 Purchase of Equipment to James.The

question 23

Multiple Choice

Alex returned all of the $2,000 purchase of equipment to James.The company uses the voucher system.The entry to record this is:

• A)
• \[\begin{array}{l}
• \begin{array} { | l | l | }
• \hline \text { Vouchers Payable }& 2,000 \\
• \hline \text { Equipment }& 2,000 \\
• \hline
• \end{array}
• \end{array}\]
• B)
• \[\begin{array}{l}
• \begin{array} { | l | l | }
• \hline \text { Equipment }& 2,000 \\
• \hline \text { Vouchers Payable } & 2,000 \\
• \hline
• \end{array}
• \end{array}\]
• C)
• \[\begin{array}{l}
• \begin{array} { |c | c | }
• \hline \text { Equipment }&2,000 \\
• \hline \text { Accounts Payable } & 2,000 \\
• \hline
• \end{array}
• \end{array}\]
• D)None of these answers is correct.

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