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A Business Makes a Cash Payment to a Supplier on Account

question 27

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A business makes a cash payment to a supplier on account for office supplies that were purchased earlier.Which of the following accounts is credited?


Definitions:

Protein Synthesis

The process by which cells build proteins, consisting of transcription in the nucleus and translation in the cytoplasm.

Cell Cycle

The series of events that take place in a cell leading to its growth, replication, and division into two daughter cells.

Cytosol

The aqueous component of the cytoplasm within a cell, where organelles are suspended and various cellular processes occur.

Cytoplasm

The material within a living cell, excluding the nucleus, made up of cytosol and organelles, where most cellular activities occur.

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