Which of the following journal entries would be recorded if a business purchased office supplies on account in a previous accounting period and now makes a cash payment of $750 to the supplier to settle the account?

Question

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The journal entry to record the payment of a previous accounts payable on office supplies would involve a debit to Accounts Payable and a credit to Cash. Option B shows the correct accounts and amounts being debited and credited. Option A records the payment as an expense, Option C records a purchase on account, and Option D does not record a cash payment for the accounts payable.

Which of the Following Journal Entries Would Be Recorded If