Company pays for the purchase of office equipments last month. Which account shall be debited in this case?

Accounts payable

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Bank account

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Cash account

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Personal account

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Solution

The correct option is A
Accounts payable

The correct entry shall be:
Accounts Payable A/c Dr
To Bank A/c

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Company pays for the purchase of office equipments last month. Which account shall be debited in this case?

The correct option is A Accounts payable The correct entry shall be: Accounts Payable A/c Dr To Bank A/c

The correct option is A
Accounts payable

The correct entry shall be:
Accounts Payable A/c Dr
To Bank A/c