Accounts payable payment journal entry.Which one is correct ? (A) Dr. Accounts payable / Cr. Cash (B) Dr. Accounts payable / Cr. XYZ

Answer is

>>A) Dr account payable

         Cr cash

when payable is created the entry was goods dr to accounts payable. now when we make the payment we have reduce the liability side. so Accounts Payable dr to cash. so A is the answer

Right Answer is option A, Because a/c payable is liability and when it's debit it means you paid your payable which in result decrease your assets not your company (XYZ). So, Option A contains a right entry Dr A/c payable and Cr Cash.

Dr. Account Payable  xxx

    Cr. Cash                       xxx

Answer will be" B" because creditor  are who has to pay to debtor after received goods

Correct Answer is 

         Account payable A/c  Dr

          Cash A/c  Cr

Answer will be B, Because it is Payable

The Answer will be Dr: Accounts Payable / Cr: Cash

Answer: A.

Debit: Accounts Payable

Credit: Cash