The journal entry to record the issuance of a note to a creditor to satisfy an account payable created earlier would include a to .

a. credit; Accounts Payable
b. credit; Notes Payable
c. debit; Notes Payable
d. debit; Inventory

Question

chloeroebuck2021 chloeroebuck2021

01-04-2022
Business

Answered

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The journal entry to record the issuance of a note to a creditor to satisfy an account payable created earlier would include a to .

a. credit; Accounts Payable
b. credit; Notes Payable
c. debit; Notes Payable
d. debit; Inventory

Sagot :

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