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Alex Returned All of the $1,000 Purchase of Equipment to James.The

Question 61

Multiple Choice

Alex returned all of the $1,000 purchase of equipment to James.The entry to record this is:


A)  Vouchers Payable  1,000  Equipment 1,000\begin{array}{|l|l|cc} \hline \text { Vouchers Payable } & \text { 1,000 }\\\hline \text { \quad\quad\quad\quad\quad\quad\quad\quad\quad Equipment } &\quad\quad\quad\quad\quad\quad1,000\\\hline\end{array}

B)  Equipment  1,000  Vouchers Payable 1,000\begin{array}{|l|l|cc} \hline \text { Equipment } & \text { 1,000 }\\\hline \text { \quad\quad\quad\quad\quad\quad\quad\quad\quad Vouchers Payable } &\quad\quad\quad\quad\quad\quad1,000\\\hline\end{array}


C)  Equipment  1,000  Accounts Payable 1,000\begin{array}{|l|l|cc} \hline \text { Equipment } & \text { 1,000 }\\\hline \text { \quad\quad\quad\quad\quad\quad\quad\quad\quad Accounts Payable } &\quad\quad\quad\quad\quad\quad1,000\\\hline\end{array}



D) None of these answers are correct.

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