Multiple Choice
The account debited when supplies are purchased on account is:
A) accounts payable.
B) cash.
C) capital.
D) supplies.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q73: Which of the following journal entries
Q74: Following is a list of errors
Q75: Prepare a balance sheet dated December 31,
Q76: Receiving a $350 payment on an account
Q78: Sam Snead, the owner of Snead's
Q79: Which of the following is correct?<br>A)liabilities =
Q80: The steps in the accounting cycle
Q81: Given the following transactions for The Warren
Q82: A $300 receipt of cash on account
Q163: The normal balance of a revenue account