need rn! How do you journalize the transaction "paid cash for merchandise" in an expanded journal?

- debit Merchandise Expense and credit Cash
- debit Purchases and credit Cash
- debit Cash and credit Capital
- debit Purchases and credit Accounts Payable

Question

03-01-2022
Business

Answered

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need rn! How do you journalize the transaction "paid cash for merchandise" in an expanded journal?

- debit Merchandise Expense and credit Cash
- debit Purchases and credit Cash
- debit Cash and credit Capital
- debit Purchases and credit Accounts Payable

Sagot :

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