A company pays $2,000 on account for supplies purchased last month. All supplies were used last month Record the payment using (a) accrual-basis accounting and (b) cash-basis accounting. (If no entry is required for a transactionlevent, select "No journal entry required" in the first account field.) iew transaction list Journal entry worksheet Record the payment using accrual-basis accounting. Note: Enter debits before credits. Event General Journal Debit Credit