The accounting transaction to record payment of the telephone bill would include a:
A) debit to Accounts Receivable
B) credit to Utilities Expense
C) credit to Accounts Payable
D) credit to Cash
Correct Answer:
Verified
Q2: Receiving cash from a customer on account
Q3: The payment of salaries to employees when
Q4: The normal balance of the Accounts Payable
Q5: An owner investment of a building, valued
Q6: A record of all the changes in
Q8: Receiving a payment from a customer on
Q9: Purchasing a three-year insurance policy for cash
Q10: The payment of an amount owed to
Q11: The normal balance of an expense account
Q12: An organization's list of all its accounts
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