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Specter Consulting purchased $7100 of supplies and paid cash immediately. Which of the following general journal entries will Specter Consulting make to record this transaction?
Specter Consulting purchased $7100 of supplies and paid cash immediately. Which of the following general journal entries will Specter Consulting make to record this transaction? Assume the company's policy is to initially record prepaid and unearned items in balance sheet accounts Multiple Choice 7,100 Accounts Payable Supplies 7.100 E 7.100 Cash Supplies 7.100 7,100 Supplies Cash 7.100 7,100 Supplies Accounts Payable 7,100 7,100 Supplies Expense Accounts Payable 7.100
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