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?
A. Accounts Payable 750 Cash 750
B. Accounts Payable 750 Office Supplies 750
C. Cash 750 Accounts Payable 750
D. Office Supplies 750 Cash 750
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Home » Business » 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? A.