Post a New Question

Accounting

posted by .

Hi,
When delivery eqipment is purchased on account, the transaction to be recorded by the purchaser inclues debiting:
A: Delivery Equip & crediting AP
B: Delivery Equip & crediting Cash
C: Delivery Expense & crediting AP
D: Delivery Expense & crediting Cash

My answer is D. I'm I correct?

Answer This Question

First Name:
School Subject:
Answer:

Related Questions

More Related Questions

Post a New Question