Waterway Advertising Ltd$.\text{'}$s opening trial balance on January $1$ shows Supplies $$1,380.$ On January $11,$ the company

purchased additional supplies for $$1,950$ on account. On January $31,$ there are $$1,160$ of supplies on hand.

$($a$)$

Your answer is incorrect.

Prepare the journal entry to record the purchase of supplies on January $11.($Credit account titles are

automatically indented when amount is entered. Do not indent manually. List debit entry before

credit entry. If no entry is required, select $"$No Entry" for the account titles and enter $0$ for the

amounts.$)$

Date Account Titles and Explanation

Debit

Credit

Jan.

$11$

Supplies

Accounts Payable