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The balance in Accounts Payable is decreased with a _ entry?

1. Debit

2. Credit

 

Accounting Financial Accounting Accounting and Finance
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Question added by Imdad Hussain Rajput , Assistant Sales Manager , Forego
Date Posted: 2015/08/04
Upvote (1) Views (7) Followers (5) Answers (5) Report Question
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Ahmed kandil
by Ahmed kandil , Cost Controller , Battour Holding Cpompany

Debt sign is the correct answer Thank you

Mehboob Ali Laghari
by Mehboob Ali Laghari , Social Mobilization Team Incharge , TRDP-European Union

Debit.................................

Ahmer Zamir
by Ahmer Zamir , Consultant , Saleem Associates & Co

The correct option is1) Debit

Deleted user
by Deleted user

1. Debit

 

This debit entry may be payments for owings due to credit supplies received or returns of goods.

Said Shaban
by Said Shaban , Accountant , Tri State Materials Testing

The correct answer is:1- Debit entry

 

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