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How would you journalize the transaction "paid cash on account" in an expanded
journal?
Debit Accounts Payable and credit Capital. Write the name of the owner in
Account Title.
Debit Cash and credit Accounts Receivable. Write the name of the vendor in
Account Title.
O Debit Cash and credit Accounts Payable. Write the name of the vendor in
Account Title.
O Debit Accounts Payable and credit Cash. Write the name of the vendor in
Account Title.



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