Cadet Company paid an accounts payable of 1100 This transact

  

  

  

Cadet Company paid an accounts payable of $1,100. This transaction should be recorded on the payment date as follows:

Solution

Cadet Company paid an accounts payable of $1,100. This transaction should be recorded on the payment date as follows=

Answer = d)

when liability is paid, Liability (Accounts payable) will be debited and cash credited.

  Accounts payable 1,100
      Cash   1,100  
 Cadet Company paid an accounts payable of $1,100. This transaction should be recorded on the payment date as follows: SolutionCadet Company paid an accounts pa

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