The journal entry to record the purchase of supplies on account a. credits Supplies, and debits Cash.

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The journal entry to record the purchase of supplies on account

a. credits Supplies, and debits Cash.

b. debits Supplies, and credits Accounts Payable.

c. debits Supplies Expense, and credits Supplies.

d. credits Supplies, and debits Accounts Payable.

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Financial Accounting

ISBN: 9780135433065

7th Canadian Edition

Authors: Walter Harrison, Wendy Tietz, C. Thomas, Greg Berberich, Catherine Seguin

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Question Posted: May 08, 2024 09:02 AM

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The journal entry to record the purchase of supplies on account a. credits Supplies, and debits Cash.

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Financial Accounting

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