Take Quiz Question 1 Company buys $3,000 of Supplies on account Debit supplies for $3,000 and credit cash for $3,000 Debit Accounts Receivable for $3,000 and credit Supplies for $3,000 Debit Accounts Payable for $3,000 and Credit Cash for $3,000 Debit Accounts Payable for $3,000 and credit Supplies for $3,000 Debit Supplies for $3,000 and credit Accounts Payable for $3,000 D Question 2 Company pays $1,500 for supplies bought on account in #1 Debit Accounts Payable for $1,500 and Credit Cash $1,500 Debit Cash for $1,500 and Credit Accounts Payable $1,500 Debit Accounts payable for $1,500 and Credit Supplies for $1,500 Debit supplies for $1,500 and Credit Cash for $1,500 Debit Cash for $1.500 and Credit Accounts Receivable for $1,500