A.B. Case has been appointed trustee under a Chapter 11 reorganization of Dee Corporation. The trustee has decided to open a new set of records for the period of trusteeship. The trustee pays the balance of an account payable that was recorded prior to the date of stewardship. Which of the following accounts would be credited on the corporation's books to record payment of the account payable mentioned?

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The Answer of A.B. Case has been appointed trustee under a Chapter 11 reorganization of Dee Corporation. The trustee has decided to open a new set of records for the period of trusteeship. The trustee pays the balance of an account payable that was recorded prior to the date of stewardship. Which of the following accounts would be credited on the corporation's books to record payment of the account payable mentioned?

AB Case Has Been Appointed Trustee Under a Chapter 11