The Bookkeeper Recorded Purchasing $50 of Office Supplies by Erroneously $$\begin{array} { | c | r | r | } \hline \text { Office supplies } & 50 & \\\hline \text { Accounts payable } & & 50 \\\hline\end{array}$$

question 25

Multiple Choice

The bookkeeper recorded purchasing $50 of office supplies by erroneously crediting cash instead of accounts payable. Which of the following journal entries will correct the ledger accounts?

• A) \[\begin{array} { | c | r | r | }
• \hline \text { Office supplies } & 50 & \\
• \hline \text { Accounts payable } & & 50 \\
• \hline
• \end{array}\]
• B) \[\begin{array} { | c | r | r | }
• \hline \text { Cash } & 50 & \\
• \hline \text { Account payable } & & 50 \\
• \hline
• \end{array}\]
• C) \[\begin{array} { | c | r | r | }
• \hline \text { Accounts payable } & 50 & \\
• \hline \text { Cash } & & 50 \\
• \hline
• \end{array}\]
• D) \[\begin{array} { | c | r | r | }
• \hline \text { Accounts payable } & 50 & \\
• \hline \text { Office supplies } & & 50 \\
• \hline
• \end{array}\]

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Definitions:

Cliques

refers to small, exclusive groups of individuals, often within a larger community, bound together by common interests or social standings.

Reference Groups

Groups of people with whom one compares oneself.

Cohorts

Groups of people banded together or treated as a group, often used in research to describe subjects who share a defining characteristic typically within a specified time frame.

Dominance Hierarchy

Rankings that represent the relative social power of those in a group.