The balance in Accounts Payable is decreased with a __________ entry.
Answers
Answered by
0
Answer:
Hiiii MATE
HERE IS YOUR ANSWER⬇️⬇️⬇️⬇️⬇️
The balance in Accounts Payable is decreased with a DEBIT entry.
HOPE THIS HELPS YOU
PLZ FOLLOW ME AND MARK MY ANSWER AS BRAINLIST
Answered by
0
Answer:
it is debit entry.
Explanation:
account payable is a liabilities , it is expected to credit balance. Credit balance is increase the balance in account payable.
But if it is decrease that means it is debit entry.
Similar questions
Math,
6 months ago
English,
6 months ago
English,
1 year ago
Music,
1 year ago
Computer Science,
1 year ago
Computer Science,
1 year ago