company purchased supplies of

$ 1 comma 000$1,000

on account. How does this transaction affect the accounting equation?

A.Add

$ 1 comma 000$1,000

to Supplies and add

$ 1 comma 000$1,000

to Notes Payable.

B.Add

$ 1 comma 000$1,000

to Supplies and add

$ 1 comma 000$1,000

to Accounts Payable.

C.Add

$ 1 comma 000$1,000

to Supplies Expense and add

$ 1 comma 000$1,000

to Notes Payable.

D.Add

$ 1 comma 000$1,000

to Supplies and subtract

$ 1 comma 000$1,000

from Cash.