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