Which of the following statements is false when Dama June Pizza Company paid $44,000 cash...
50.1K
Verified Solution
Link Copied!
Question
Accounting
Which of the following statements is false when Dama June Pizza Company paid $44,000 cash on accounts owed to suppliers? Multiple Choice Operating income was not changed by the payment to the suppliers. The cash account was credited for $44,000. Supplies expense was increased by $44,000. Accounts payable was debited for $44,000
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
