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On July 15, 2020 Jones Consulting purchases $3,000 of supplies on account from an office supply store. The journal entry to record this transaction is:

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On July 15, 2020 Jones Consulting purchases $3,000 of supplies on account from an office supply store. The journal entry to record this transaction is: Debit Supplies Expense and credit Cash $3,000 Debit Accounts Payable and credit Supplies Expense $3,000 Debit Supplies Expense and credit Accounts Payable $3,000 Debit Cash and credit Supplies Expense $3,000

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