The entry to record Tom's payment of a home telephone bill is
A) debit Telephone Expense; credit Accounts Payable.
B) debit Tom's Withdrawals; credit Cash.
C) debit Telephone Expense; credit Cash.
D) debit Tom's Withdrawals; credit Accounts Payable.
Correct Answer:
Verified
Q40: A ledger
A) is a group of accounts
Q41: The Accounts Payable account has a zero
Q42: Accounts Receivable has a normal balance of
Q43: The ledger is
A) a group of accounts
Q44: Which of the following entries would be
Q46: A credit to an asset account was
Q47: Which of the following entries records the
Q48: The Accounts Receivable account has a zero
Q49: Carrie flew to Toronto on a business
Q50: Dennis, owner of Dennis' Golf Center, withdrew
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