asked 143k views
5 votes
Alicia Tax Services paid $580 to settle an account payable. Which of the following general journal entries will Alicia Tax Services make to record this

1 Answer

5 votes
Alicia Tax Services will make the following general journal entry to record this payment:

Accounts Payable (Credit) $580
Cash or Bank (Debit) $580
answered
User Ladan
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