The Journal Entry a Company Uses to Record the Issuance

question 80

Multiple Choice

The journal entry a company uses to record the issuance of a note for the purpose of converting an existing account payable would be

• A) debit Cash; credit Accounts Payable
• B) debit Accounts, Payable; credit Cash
• C) debit Cash; credit Notes Payable
• D) debit Accounts Payable; credit Notes Payable

---

Definitions:

Automobile Assembly Line

A manufacturing process in which parts are added to an automobile as it moves from workstation to workstation, each step in the process is completed in a sequence until the vehicle is completed.

Continuous-Process

A manufacturing or production process that operates constantly, without interruption, to produce products or materials.

Organizational Design

The process of structuring an organization's roles, responsibilities, and systems in a way that aligns with its goals and strategy.

Bureaucratic Aspects

Elements or characteristics associated with bureaucracy, such as hierarchical structure, formal rules, and impersonal decision-making processes.