Which payment method is specifically used for recording transactions made with a company's debit card?

The payment method specifically used for recording transactions made with a company's debit card is indeed the debit card option. This method allows for the direct withdrawal of funds from the company’s bank account when purchases are made. Since a debit card operates in a manner that immediately deducts the transaction amount from the available balance, transactions recorded under this method reflect the use of current cash resources, as opposed to borrowing or future repayment obligations associated with credit.

Using the debit card method is essential for accurate cash flow management, as it provides a clear picture of available liquidity without the complexities associated with credit-based transactions. In contrast, the other payment methods like cash, line of credit, and corporate credit card represent different financial scenarios. Cash reflects immediate physical currency transactions, the line of credit indicates borrowed amounts that are expected to be paid back, and the corporate credit card involves a delayed payment aspect. Therefore, to accurately track and manage expenses associated with debit card transactions, using the debit card option is the appropriate choice.