Now, Seymore has used and paid off the $2,000 line of credit he owed to “Akon Aquatics Custom Tank Supplies”. This journal entry should:

To record Seymore's payment of the $2,000 line of credit to "Akon Aquatics Custom Tank Supplies", you would make the following journal entry:

Step 1: Identify the accounts involved. In this case, the accounts are Seymore's bank account (or cash account) and the account payable to "Akon Aquatics Cus Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.