A doctor purchases medical supplies of $760 and pays $380 cash with the remainder on account. The

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A doctor purchases medical supplies of $760 and pays $380 cash with the remainder on account. The journal entry for this transaction would be which of the following?

a. Supplies

c. Supplies Cash Accounts Payable Accounts Payable Cash

b. Supplies

d. Supplies Accounts Payable Accounts Receivable Cash Cash

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Financial Accounting International Financial Reporting Standards

ISBN: 9780273777809

1st Global Edition

Authors: Walter T Harrison, Charles Horngren, Bill Thomas, Themin Suwardy

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