Multiple Choice
The journal entry to record the purchase of supplies on account includes a debit to:
A) Supplies and a credit to Accounts Payable.
B) Supplies and a credit to Cash.
C) Supplies Expense and a credit to Accounts Payable.
D) Supplies Expense and a credit to Cash.
Correct Answer:
Verified
Correct Answer:
Verified
Q82: Which of the following statements about cash
Q83: If a company receives payment two months
Q84: The ending balance of Accounts Receivable in
Q85: A company had the following assets
Q86: Which of the following statements about cash
Q88: During March,Seconds Best Company had cash sales
Q89: Sparkling Pools performed $2,400 of pool maintenance
Q90: Your company orders and receives supplies in
Q91: If the total of debits equals the
Q92: A company has sales revenues of $260,000