Your business purchased office supplies of $2,500 on account. The journal entry to record this transaction is
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Your business purchased office supplies of $2,500 on account. The journal entry to record this transaction is as follows:
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Date a. b. C. d. Office Supplies Office Supplies Accounts and Explanation Accounts Receivable Cash Accounts Payable Accounts Payable Office Supplies Accounts Payable Debit 2,500 2,500 2,500 2,500 Credit 2,500 2,500 2,500 2,500
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