Identify the special journal(s) in which the following column headings appear. a. Accounts Payable Dr. b. Cash
Question:
Identify the special journal(s) in which the following column headings appear.
a. Accounts Payable Dr.
b. Cash Cr.
c. Inventory Cr.
d. Inventory Dr., Accounts Payable Cr.
Accounts PayableAccounts payable (AP) are bills to be paid as part of the normal course of business.This is a standard accounting term, one of the most common liabilities, which normally appears in the balance sheet listing of liabilities. Businesses receive...
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Related Book For
College Accounting
ISBN: 1986
1st Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Deanna C. Martin, Jill E. Mitchell
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