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slavikrds [6]
2 years ago
9

Alicia Tax Services paid $690 to settle an account payable. Which of the following general journal entries will Alicia Tax Servi

ces make to record this transaction? Multiple Choice Debit Office supplies expense, $690; credit Cash, $690. Debit Cash, $690; credit Office supplies, $690. Debit Office supplies, $690; credit Cash, $690. Debit Office supplies, $690; credit Accounts payable, $690. Debit Accounts payable, $690; credit Cash, $690
Business
1 answer:
aleksandr82 [10.1K]2 years ago
4 0

The general journal entries that  Alicia Tax Services will make to record this transaction is :Debit Accounts payable, $690; credit Cash, $690.

Based on the information given since Alicia Tax Services paid the amount of  $690 to settle an account payable which means that the appropriate journal entry to record the transaction will be:

Debit Accounts payable $690

Credit Cash $690

(To record account payable)

Inconclusion the general journal entries that  Alicia Tax Services will make to record this transaction is :Debit Accounts payable, $690; credit Cash, $690.

Learn more about account payable here:brainly.com/question/1347024

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What channel intermediary does not take title to products, but instead brings a seller and buyer together?.
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Which of the following is not true of taxable asset purchases?
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e. None of the above

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6 0
2 years ago
The "too big to fail" policy of the Fed, whereby some banks are bailed out if they are in danger of failing because they are too
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c.Moral hazard

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I hope my answer helps you

5 0
3 years ago
James would like to deposit enough money in a savings account to have $8,000 at the end of year 3. Assuming the investment will
faltersainse [42]

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  $6910.70

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James should deposit $6910.70 today.

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