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What account is debited for this scenario? Please reference the accounts that can be used Office Supplies used during the month, $90. Date Accounts Debit
What account is debited for this scenario? Please reference the accounts that can be used
Office Supplies used during the month, $90. Date Accounts Debit Credit Dec 31 Office Supplies 90 office supplies 90 Chart of Accounts Account Account Title Number 101 Cash 105 Accounts Receivable 115 Office Supplies 120 Prepaid Insurance 125 Prepaid Rent 140 Inventory 145 Building 150 Equipment 151 Accumulated Depreciation - Equipment 155 Furniture 156 Accumulated Depreciation - Furniture 160 Office Furniture 165 Truck 170 Land 175 Copyright 178 Franchise 180 Patent 182 Trademark 201 Accounts Payable 210 Salaries Payable 215 Utilities Payable 235 Unearned Revenue 250 Notes Payable 255 Mortgages Payable 285 Income Taxes Payable 305 Common Stock 315 Retained Earnings 320 Dividends 410 Service Revenue 435 Sales Revenue 501 Cost of Goods Sold 505 Advertising Expense 514 Depreciation Expense - Furniture 515 Depreciation Expense - Equipment https://media.pearsoncmg.com/ph/bp/bp_act/coa/fin_chartofaccounts.html 9/3/2020 Chart of Accounts 516 520 535 540 545 548 550 555 Income Tax Expense Insurance Expense Repairs and Maintenance Expense Rent Expense Salaries Expense Selling Expense Supplies Expense Utilities ExpenseStep by Step Solution
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