A company pays $100 cash for supplies. In the journal entry, the company will: o Debit Supplies Expense $100 credit Accounts Payable $100 o Debit Supplies $100 Credit Cash $100 Debit Supplies $100 credit Supplies Expense $100 Debit Supplies $100, credit Common Stock $100 D Question 20 2 pts The company pays $700 in cash dividends. In the journal entry, the company will: Debit Common Stock $700, credit Salaries Expense $700 Debit Dividends $700 credit Cash $700 Debit Cash $700, credit Dividends $700 Debit Cash $700; credit Common Stock $700 D Question 21 2 pts On May 17, Roy Company purchased merchandise from Lindsey Company with an invoice price of $15,000 on credit terms of 2/10,6/30On May 21 Ray received from Lindsey a $1,300 allowance on the May 17 purchase. Roy uses a perpetual inventory system. The journal entry Roy will record when it accepts the allowance on May 21