A Check Drawn by a Company in Payment of a Voucher

question 48

Multiple Choice

A check drawn by a company in payment of a voucher for $965 was recorded in the journal as $695. What entry is required in the company's accounts?

• A) debit Accounts Payable; credit Cash
• B) debit Cash; credit Accounts Receivable
• C) debit Cash; credit Accounts Payable
• D) debit Accounts Receivable; credit Cash

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Definitions:

Rational Numbers

Numbers that can be expressed as the quotient or fraction of two integers, where the denominator is not zero.

Real Number Line

A line that graphically represents all real numbers in a continuous sequence, with points corresponding to numbers.

Real Number Line

A line that graphically represents the set of all real numbers, where each point on the line corresponds to a unique real number.

Even Integers

Whole numbers that are exactly divisible by 2, with no remainder.