Question

Antics Electronic Company recently bought six generators. Which of the following is the correct method of recording this transaction?

Accepted Answer

Debit generator account and credit cash account

Answer

Debit purchases account and credit cash account

Answer

Debit cash accounts and credit purchases account

Answer

Debit cash account and credit generator account

Antics Electronic Company recently bought six generators. Which of the following is the correct method of recording this transaction?