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Provide the journal entry for the following transaction or event: On April 3, 2021 $500 of supplies were purchased on account (on credit). Date

Provide the journal entry for the following transaction or event: On April 3, 2021 $500 of supplies were purchased on account (on credit). Date Account description Debit Credit Apr-3 Drag and drop into place from the account names and amounts given below. Equipment Supplies Cash No Entry Supplies Expense Accounts receivable Accounts Payable $500 $200

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