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17 July, 02:13

A liability would be credited and an expense would be debited if the business

A. paid a creditor.

B. incurred an expense and didn't pay the expense immediately.

C. bought supplies on account.

D. bought supplies for cash.

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Answers (2)
  1. 17 July, 04:40
    0
    The correct answer is letter B. Incurred an expense and didn't pay the expense immediately.
  2. 17 July, 04:50
    0
    Hello there.

    A liability would be credited and an expense would be debited if the business

    Answer: paid a creditor.

    Option A)
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