Which of the Following Journal Entries Would Be Recorded If $$\begin{array} { | c | r | r | } \hline \text { Cash } & 750 & \\\hline \text { Accounts Payable } & & 750 \\\hline\end{array}$$

question 56

Multiple Choice

Which of the following journal entries would be recorded if a business makes a cash payment to a supplier of $750 on account? (The business had purchased office supplies on account in the previous month.)

• A) \[\begin{array} { | c | r | r | }
• \hline \text { Cash } & 750 & \\
• \hline \text { Accounts Payable } & & 750 \\
• \hline
• \end{array}\]
• B) \[\begin{array} { | c | r | r | }
• \hline \text { Accounts Payable } & 750 & \\
• \hline \text { Cash } & & 750 \\
• \hline
• \end{array}\]
• C) \[\begin{array} { | c | r | r | }
• \hline \text { Cash } & 750 & \\
• \hline \text { Office Supplies } & & 750 \\
• \hline
• \end{array}\]
• D) \[\begin{array} { | c | r | r | }
• \hline \text { Accounts Payable } & 750 & \\
• \hline \text { Office Supplies } & & 750 \\
• \hline
• \end{array}\]

---

Definitions:

Predict

To make an educated guess about the future based on data, trends, or patterns.

Female Life Expectancy

The average number of years a female is expected to live based on statistical averages.

Children Birth

The process or event of a child being born; often considered in statistical analyses regarding birth rates or outcomes.

Lurking Variable

A variable that is not included as an explanatory variable in the analysis but can affect the interpretation of relationships between variables.