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Identify the journal entry required to correctly record the following transaction: Purchased dental supplies to be used next year on credit. a. DR Dental

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Identify the journal entry required to correctly record the following transaction: Purchased dental supplies to be used next year on credit. a. DR Dental Supplies (Asset) and CR Cash at Bank b. DR Dental Supplies (Expense) and CR Accounts Receivable C. DR Dental Supplies (Asset) and CR Accounts Payable d. DR Dental Supplies (Expense) and CR Accounts Payable

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