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On January 14, Welsford Agency purchased supplies of $500 on account. The entry to record the purchase will include a debit to O Supplies Expense

On January 14, Welsford Agency purchased supplies of $500 on account. The entry to record the purchase will include a debit to O Supplies Expense and a credit to Accounts Receivable. Supplies and a credit to Cash. O Supplies and a credit to Accounts Payable. O Accounts Receivable and a credit to Supplies

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