Ben Dryden, president of Jet Glass Limited, noticed a $8,000 debit to Accounts Payable in the company's general ledger. This debit could correspond to:

Question

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A debit to Accounts Payable indicates a decrease in the amount owed to suppliers. Option C matches this description as it involves a payment being made to a supplier to settle a balance due. The other options involve either an increase in assets (Option A), the purchase of equipment (Option B), or a liability that would be recorded as a credit to Accounts Payable (Option D).

Ben Dryden, President of Jet Glass Limited, Noticed a $8,000