Question

A journal entry to record a payment on account will include a
A. debit to Accounts Receivable.
B. credit to Accounts Receivable.
C. debit to Accounts Payable.
D. credit to Accounts Payable.

can u explain to me why not the D answer?

Answer 1

C.debit to accounts payable.

Accounts payable is a liability, when cash is paid towards payment on account, the liability in form of accounts payable decreases.

The decrease in a liability account is shown by debiting the liability account, here the accounts payable will be debited, since by paying cash we are reducing our liability balance.

the following is the journal entry:

Accounts payable	xxx
.............To Cash a/c		xxx
(to record cash payment on account)

It is not C. because, credit to accounts payable will increase accounts payable balance , instead of reducing it upon payment of cash.