Carrie flew to toronto on a business trip. the purchase price of the ticket was $679 and it was
bought from a travel agency on account. the entry to record the transaction is
a) debit travel expense, $679; credit accounts payable, 8679.
b) debit travel expense, $679; credit cash, 8679.
c) debit capital, $679; credit accounts payable, $679.
d) debit accounts payable, $679; credit travel expense, 8679.

Respuesta :

The entry to record Carrie's trip is a) debit travel expense, $679; credit accounts payable, $679.

How can we record Carrie's trip?

The trip is a business expense which means that it will be debited to the Travel expense account because expenses are debited when incurred.

Because the trip was paid for on account, it means that the business now owes the travel agency and so accounts payable will be credited.

Find out more on recording expenses at https://brainly.com/question/13160816.

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