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Question 5 Your business purchased supplies of $1,500 on account. Which journal entry records your payment for the supplies purchase? A. Accounts payable 1,500 Accounts

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Question 5 Your business purchased supplies of $1,500 on account. Which journal entry records your payment for the supplies purchase? A. Accounts payable 1,500 Accounts receivable 1,500 B. Accounts payable 1,500 Cash 1,500 C. Cash 1,500 Accounts payable 1,500 D. Supplies 1,500 Cash 1,500

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