Wisconsin Rentals Purchased Office Supplies on Credit

question 173

Multiple Choice

Wisconsin Rentals purchased office supplies on credit. The general journal entry made by Wisconsin Rentals will include a:

• A) Debit to Accounts Payable.
• B) Debit to Accounts Receivable.
• C) Credit to Cash.
• D) Credit to Accounts Payable.
• E) Credit to Wisconsin Rentals, Capital.

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Definitions:

Tighten

To make something more secure or compact, or to reduce spending or resources in a budget or plan.

Playback

The act of playing back a recording, including audio or video materials, to review content.

Journalistic Approach

A method of inquiry and storytelling that aims to inform the public accurately and impartially through the collection and analysis of information.

Major Thoughts

The primary or most important ideas or opinions being considered or conveyed in a discussion or piece of writing.