The entry to record Tom's payment of a home telephone bill is:
A) debit Accounts Payable; credit Telephone Expense.
B) debit Tom, Withdrawals; credit Cash.
C) debit Telephone Expense; credit Cash.
D) debit Tom, Withdrawals; credit Accounts Payable.
Correct Answer:
Verified
Q23: What is a proper entry to show
Q24: Which of the following groups of accounts
Q25: Accounts Payable has a normal balance of
Q26: A credit to an asset account was
Q27: Which of the statements of the rules
Q29: Which of the following entries records the
Q30: The owner of BobCats R Us paid
Q31: Susan flew to San Francisco on a
Q32: Bill, owner of Bill's Golf Center, withdrew
Q33: The beginning balance in Cash was $5,000.
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents