Which of the Following Is Correct for Recording the Payment

question 1

Multiple Choice

Which of the following is correct for recording the payment to a supplier for a purchase previously made on account?

• A)Debit Cash, Credit Payables/Creditors
• B)Debit Inventory, Credit Cash
• C)Debit Payables/Creditors, Credit Cash
• D)Debit Cash, Credit Inventory

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Definitions:

Vocalizations

The production of sounds with the voice, as a form of communication among humans or other animals.

Symbols

Objects, figures, or colors used to represent ideas or concepts.

Influence Thoughts

The ability to affect or alter someone's thinking patterns or beliefs through various means, including persuasion, information provision, or example.

Create Perceptions

The process of forming an understanding or interpretation of something through one's senses and cognitive functions.