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14 October, 23:51

The business incurred an expense and paid it immediately. To record this transaction, A. an expense is debited, and a liability is credited. B. an expense is debited, and an asset is credited. C. an expense is debited, and Capital is credited. D. None of the above

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  1. 14 October, 23:53
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    The answer to your question is letter B. An expense is debited, and an asset is credited.
  2. 15 October, 00:18
    0
    an expense is debited, and Capital is credited
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