menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    College Accounting Study Set 8
  4. Exam
    Exam 3: The Recording Process: Debits and Credits
  5. Question
    The Purchase of Supplies on Account Requires a Credit to Accounts
Solved

The Purchase of Supplies on Account Requires a Credit to Accounts

Question 155

Question 155

True/False

The purchase of supplies on account requires a credit to Accounts Receivable.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q4: The chart of accounts is a listing

Q18: Which of the following is not true

Q48: Which account below is not a subdivision

Q98: The owner's drawings account<br>A) appears on the

Q135: The normal balance of all accounts is

Q143: The recording process becomes more efficient and

Q150: The investement of cash in the business

Q151: Which of the following statements is true?<br>A)

Q154: When Accounts Receivable account is debited, it

Q157: Purchasing equipment for cash will increase total

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines