Solved

The Account Credited When Supplies Are Purchased on Account Is

Question 97

Multiple Choice

The account credited when supplies are purchased on account is:

A) Cash
B) Supplies
C) Supplies Expense
D) Accounts Payable

Related Questions

Q9: The right side of a T-account is

Q17: Notes Payable is a typical example of

Q93: Which of the following items of information

Q94: Given the following transactions for Clip Corporation,prepare

Q95: The normal balance of the Accounts Payable

Q98: A trial balance that is "in balance"

Q99: The normal balance of an expense account

Q100: Assets,owners' equity,and expenses are all increased by

Q102: The payment of an amount owed to

Q119: Accounts payable normally has a debit balance.