Multiple Choice Question 49 of 73 Concepts completed Smith Company purchased $8,000 of supplies on credit. Show how to record this transaction to the T-accounts by selecting the correct answer below. O Enter $8,000 on the left side of the Supplies account; enter $8,000 on the right side of the Cash account. O Enter $8,000 on the left side of the Supplies account. Enter $8,000 on the right side of the Accounts receivable account. O Enter $8,000 on the right side of the Supplies account. Enter $8,000 on the left side of the Accounts payable account. O Enter $8,000 on left side of the Supplies account; enter $8,000 on the right side of the Accounts payable account. Reading