Which of the following journal entries will record the payment of a $1,350 accounts payable originally incurred for Office Supplies?
A) Debit Office Supplies; credit Cash
B) Debit Office Supplies; credit Accounts Payable
C) Debit Cash; credit Accounts Payable
D) Debit Accounts Payable; credit Cash

Question

Quizplus · Accepted Answer

Rationale:
The original entry was:
Office supplies 1,350
Accounts payable 1,350
The entry to record the payment of cash reduces the liability and reduces cash.
Accounts payable 1,350
Cash 1,350

Which of the Following Journal Entries Will Record the Payment