When a bill is paid using the Pay Bills window,QuickBooks records a journal entry that:
A)Debits Checking account,Credits Undeposited Funds
B)Credits Checking account,Debits Accounts Payable
C)Debits Expense account,Credits Accounts Payable
D)Debits Accounts Receivable,Credits Checking account

Question

Quizplus · Accepted Answer

When a bill is paid, QuickBooks credits the Checking account to reduce cash and debits Accounts Payable to reduce the liability.

When a Bill Is Paid Using the Pay Bills Window,QuickBooks