Exit 1Z0-517 Oracle E-Business Suite R12.1 Payables Essentials
Question 3 of 5
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Q3 Single choice

At the ABC.com site, Cash Management is installed along with Oracle Payables. The payables option for payment accounting is set to account for a payment both on issue and clearing. The cash clearing accounts and cash accounts are different.

What accounting happens when a payment is issued?

  • A

    Debit AP Liability, Credit Cash Clearing

  • B

    Debit AP Liability, Credit Cash

  • C

    Debit Cash Clearing, Credit Cash

  • D

    Debit Cash, Credit Cash Clearing

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