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A company purchased $20,100 of supplies on credit. The journal entry to record this transaction consists of a: Multiple Choice Debit Accounts Payable for

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A company purchased $20,100 of supplies on credit. The journal entry to record this transaction consists of a: Multiple Choice Debit Accounts Payable for $20,100; credit Supplies for $20,100. Debit Supplies for $20,100; credit Prepaid Expense for $20,100. Debit Supplies for $20,100; credit Cash for $20,100 Debit Supplies for $20,100, credit Accounts Payable for $20,100. Debit Cash for $20,100, credit Supplies for $20,100

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