Which of the Following Journal Entries Would Be Recorded If

question 2

Multiple Choice

Which of the following journal entries would be recorded if a business purchased office supplies on account in a previous accounting period and now makes a cash payment of $750 to the supplier to settle the account?

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Definitions:

Carrying Capacity

The maximum population size of a species that an environment can sustain, given the food, habitat, water, and other necessities available in the environment.

Demographer

A social scientist who studies the characteristics of human populations, such as size, growth, density, distribution, and vital statistics.

Migration Routes

Migration routes are pathways or corridors followed by individuals or groups as they move from one location to another, often seeking better living conditions or escaping dangers.

Agricultural Yields

The amount of a crop that is harvested per unit of land area.