On January 9, $500 was paid towards a purchase of Office Supplies on account for $1,000. What is the journal entry for this transaction? a.) General Journal Page 1 Date Account & Explanation P.R. Debit Credit Jan 9 Accounts Payable $500 Cash $500 Paid $500 on Accounts Payable. b.) General Journal Page 1 Date Account & Explanation P.R. Debit Credit Jan 9 Accounts Receivable $500 Cash $500 Paid $500 on Accounts. c.) General Journal Page 1 Date Account & Explanation P.R. Debit Credit Jan 9 Accounts Payable $500 Accounts Receivable $500 Paid $500 on Accounts Payable. d.) General Journal Page 1 Date Account & Explanation P.R. Debit Credit Jan 9 Office Supplies Expense $500 Cash $500 Paid $500 on Office Supplies Expense