Which of the following statements is false when Dama June Pizza Company paid $44,000 cash...

50.1K

Verified Solution

Question

Accounting

image
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!
Become a Member

Other questions asked by students