A company purchased $ 200 of supplies on account; however, the journal entry to record the purchase was a debit to Supplies for $ 200 and a credit to Cash for $ 200. What will the effect be on the trial balance? A. Both debits and credits will be $ 200 too high. B. Debits will be $ 200 less than credits. C. Debits will equal credits. D. Debits will be $ 200 more than credits

accounting subject