Which of the following entries records the payment of an account ...

[s.tung]

Which of the following entries records the payment of an account payable?
 a. debit Cash; credit Accounts Payable
  b. debit Accounts Receivable; credit Cash
  c. debit Cash; credit Supplies Expense
  d. debit Accounts Payable; credit Cash

Question 2

A government has the following debt:
   Capital lease liabilities (General Fund department leases)3,200,000.
   Unfunded pension contributions (long-term) associated with general government employees1,000,000.
 
   General government bonds that mature in the next fiscal year5,000,000.
 
  What amount of debt should be reported in the General Long-Term Liabilities accounts?
  A. 1,000,000.
  B. 3,200,000.
  C. 4,200,000.
  D. 9,200,000.

[dpost18]

Answer to Question 1

d

Answer to Question 2

D

[s.tung]

Gracias!

[mochi09]

TYSM