Thursday, December 8, 2011

A business makes a cash payment of $12,000 to a creditor. Which of the following occurs?

A) cash is credited for $12,000


B) cash is debited for $12,000


C) accounts payable is credited for $12,000


D) both A and C occur





Thanks for the help|||Go read your textbook and pay attention in class and then you can do your own work and not try to get random strangers to give you something for nothing.

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