Which of the following journal entries is correct when a business entity uses cash to pay an account payable?
A) Accounts Payable
$ \quad $ $ \quad $Cash
B) Retained Earnings
$ \quad $ $ \quad $Cash
C) Cash
$ \quad $Accounts Payable
D) Cash
$ \quad $Notes Payable

Question

Which of the following journal entries is correct when a business entity uses cash to pay an account payable?
A) Accounts Payable
 $ \quad $ $ \quad $Cash
B) Retained Earnings
 $ \quad $ $ \quad $Cash
C) Cash
 $ \quad $Accounts Payable
D) Cash
 $ \quad $Notes Payable

Quizplus · Accepted Answer

The Answer of Which of the following journal entries is correct when a business entity uses cash to pay an account payable?
A) Accounts Payable
 $ \quad $ $ \quad $Cash
B) Retained Earnings
 $ \quad $ $ \quad $Cash
C) Cash
 $ \quad $Accounts Payable
D) Cash
 $ \quad $Notes Payable

Which of the Following Journal Entries Is Correct When a Business