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A company purchased $150 of supplies on credit. How would this be recorded in a journal entry? A. Debit cash and credit office supplies $150.
A company purchased $150 of supplies on credit. How would this be recorded in a journal entry?
A. Debit cash and credit office supplies $150.
B. Debit office supplies and credit accounts payable $150.
C. Debit office supplies and credit cash $150.
D. Debit accounts receivable and debit office supplies $150.
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