Which statement accurately describes how the transfer transaction form can be used to pay off the corporate credit card balance?

Answer:$$

A$.$

$$It can't be used to pay the credit card bill.

$$

B$.$

$$It is limited to transferring funds between income statement accounts.

$$

C$.$

$$You need to create a bill or expense to pay off the credit card balance before using it$.$

$$

D$.$

$$You can use it to transfer money from a chequing account to a credit card liability account.