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Tab Industries purchased $600 of supplies on account. Which of the following shows how this event would be recorded in T-accounts? Multiple Choice Assets =
Tab Industries purchased $600 of supplies on account. Which of the following shows how this event would be recorded in T-accounts?
Multiple Choice
Assets | = | Liabilities | + | Stockholders' Equity | |||
Supplies | Accounts Payable | Common Stock | |||||
Debit | Credit | Debit | Credit | Debit | Credit | ||
600 | 600 |
Assets | = | Liabilities | + | Stockholders' Equity | |||
Supplies | Accounts Payable | Common Stock | |||||
Debit | Credit | Debit | Credit | Debit | Credit | ||
600 | 600 |
Assets | = | Liabilities | + | Stockholders' Equity | |||
Supplies | Accounts Payable | Common Stock | |||||
Debit | Credit | Debit | Credit | Debit | Credit | ||
600 | 600 |
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