PE 2-23 journal entry for asset purchase Prepare a journal entry for the purchase of office supplies on September 30 for $2,500. paying $300 cash and the remainder on account. AnalysisAsseHSupplies $2,500 Cash $800 Liability AXP $1300 journal Entry DR supplies 1500th eash BIDDER 1UP 1,?00 hl'll'll'll