In Chapter 3, when a check is issued, the account distribution is a:
A)Debit Checking; credit an asset account.
B)Debit expense account; credit vendor.
C)Debit Accounts Receivable/Customer; credit Sales.
D)Debit expense account; credit Checking.
E)None

Question

Quizplus · Accepted Answer

When a check is issued, it is typically used to pay for an expense, which would require a debit to the appropriate expense account. The check is then paid using funds from the Checking account, resulting in a credit to that account. Therefore, the correct account distribution is a Debit expense account and credit Checking.

In Chapter 3, When a Check Is Issued, the Account