Alicia Tax Services Paid $500 to Settle an Account Payable

question 93

Multiple Choice

Alicia Tax Services paid $500 to settle an account payable.Which of the following general journal entries will Alicia Tax Services make to record this transaction?

• A)Debit Office supplies expense,$500; credit Cash,$500.
• B)Debit Cash,$500; credit Office supplies,$500.
• C)Debit Office supplies,$500; credit Cash,$500.
• D)Debit Office supplies,$500; credit Accounts payable,$500.
• E)Debit Accounts payable,$500; credit Cash,$500.

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Definitions:

Sinus Arrhythmia

A normal variation in heart rate that occurs with breathing, increasing during inhalation and slowing during exhalation.

Ventricular Tachycardia

A heart rhythm disorder characterized by a fast heart rate that originates from the ventricles, potentially leading to serious cardiac issues.

SA Node Block

A condition where the electrical impulses generated by the sinoatrial (SA) node are partially or completely blocked before they reach the atria, affecting heart rhythm.

Atrial Tachycardia

Atrial Tachycardia is a type of heart rhythm abnormality that originates from the atria and results in a faster than normal heart rate.