Which ledger accounts are impacted when payment is made to a vendor?Accounts receivable/cashThe inventory/vendor paymentAccounts...

80.2K

Verified Solution

Question

Accounting

Which ledger accounts are impacted when payment is made to a vendor?Accounts receivable/cashThe inventory/vendor paymentAccounts payable/cashCurrent assets/vendor payment

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!
Become a Member

Other questions asked by students