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Which of the Following Journal Entries Is Correct When a Business

question 104

Multiple Choice

Which of the following journal entries is correct when a business entity uses cash to pay an account payable? A. Accounts Payable
\quad Cash
B. Accounts Receivable
\quad Cash
C. Cash
\quad Accounts Payable
D. Cash
\quad Notes Payable


Definitions:

Technology

The application of scientific knowledge for practical purposes, especially in industry, to invent tools, devices, and systems enhancing human life.

Evoked Set

The group of brands or products a consumer considers acceptable from among all the brands or products he or she is aware of in a particular category.

Analyzed Set

A collection of data or objects that have been examined and scrutinized to derive conclusions or insights.

Proper Set

A specific, well-defined collection or grouping of items, elements, or actions that are appropriate for a given situation.

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