Making a Cash Payment to Settle a Debt Would Include

question 120

Multiple Choice

Making a cash payment to settle a debt would include a:

• A) debit to Cash and a credit to Accounts Receivable
• B) debit to Accounts Receivable and a credit to Cash
• C) debit to Accounts Payable and a credit to Cash
• D) debit to Accounts Payable and a credit to Accounts Receivable

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