The price paid for the purchase of for the ..

Question 1 Report

The price paid for the purchase of for the purchase of a business is

debited to the cash account and credited to the vendor's account

credited to the cash account and debited to the vendor's account

credited to the business purchases account and debited to the assets account

debited to the business purchase account and credited to the assets account

credited to the cash account and debited to the assets account