The business purchased $525 of supplies on credit from the hardware store. The journal entry to record this transaction should includes A Debiting Supplies expense for $525 and Crediting Cash $525 OB. Debiting Accounts receivable for $525 and Crediting Supplies for $525 OC Debiting Supplies for $525 and Crediting Accounts payable for $525. D. Debiting Supples expense for $525 and Crediting Supplies for 5525