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FastForward purchased 500 BD of supplies. The journal entry to record this transaction is: Dr Cash and Cr Supplies; 500 BD both. Dr Supplies

 

FastForward purchased 500 BD of supplies. The journal entry to record this transaction is: Dr Cash and Cr Supplies; 500 BD both. Dr Supplies and Cr Cash; 500 BD both. Dr Supplies expense and Cr Cash; 500 BD both. Dr Cash and Cr Supplies expense; 500 BD both.

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