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The journal entry to record payment of m...

The journal entry to record payment of monthly bill will include:
1)Debit monthly bill and Credit capital.
2)Debit capital and Credit cash.
3) Debit monthly bill and Credit cash.
4)Debit monthly bill and Credit creditors.

A

Debit monthly bill and Credit capital.

B

Debit capital and Credit cash.

C

Debit monthly bill and Credit cash.

D

Debit monthly bill and Credit creditors.

Text Solution

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c
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