What effect does this journal entry have on the accounts?
A) Decrease accounts payable, increase cash
B) Increase cash, decrease accounts payable
C) Increase accounts payable, increase cash
D) Decrease accounts payable, decrease cash

Question

What effect does this journal entry have on the accounts?
A) Decrease accounts payable, increase cash 
B) Increase cash, decrease accounts payable 
C) Increase accounts payable, increase cash 
D) Decrease accounts payable, decrease cash

Quizplus · Accepted Answer

The Answer of  What effect does this journal entry have on the accounts?
A) Decrease accounts payable, increase cash 
B) Increase cash, decrease accounts payable 
C) Increase accounts payable, increase cash 
D) Decrease accounts payable, decrease cash

What Effect Does This Journal Entry Have on the Accounts