Business, 07.11.2019 22:31, sanchez7489

The company paid cash of $1,500 on its account with one of its suppliers from whom it regularly purchases inventory. the inventory purchase itself was recorded previously. which one of the following would be included in the journal entry necessary to record this payment on account?
a debit to accounts payable for $1,500
b credit to inventory for $1,500
c debit to inventory for $1,500
d debit to cash for $1,500
e credit to accounts payable for $1,500

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The company paid cash of $1,500 on its account with one of its suppliers from whom it regularly purc...