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A Business Purchased $200 of Supplies on Credit and Recorded  Supplies 200 Accounts payable 200\begin{array} { | l | r | r | } \hline \text { Supplies } & 200 & \\\hline \text { Accounts payable } & & 200 \\\hline\end{array}

Question 16

Multiple Choice

A business purchased $200 of supplies on credit and recorded the following journal entry:
 Supplies 200 Accounts payable 200\begin{array} { | l | r | r | } \hline \text { Supplies } & 200 & \\\hline \text { Accounts payable } & & 200 \\\hline\end{array}
Which of the following sets of ledger accounts reflects the posting of this transaction?


A)
 A business purchased $200 of supplies on credit and recorded the following journal entry:  \begin{array} { | l | r | r | }  \hline \text { Supplies } & 200 & \\ \hline \text { Accounts payable } & & 200 \\ \hline \end{array}  Which of the following sets of ledger accounts reflects the posting of this transaction? A)    B)    C)    D)
B)
 A business purchased $200 of supplies on credit and recorded the following journal entry:  \begin{array} { | l | r | r | }  \hline \text { Supplies } & 200 & \\ \hline \text { Accounts payable } & & 200 \\ \hline \end{array}  Which of the following sets of ledger accounts reflects the posting of this transaction? A)    B)    C)    D)
C)
 A business purchased $200 of supplies on credit and recorded the following journal entry:  \begin{array} { | l | r | r | }  \hline \text { Supplies } & 200 & \\ \hline \text { Accounts payable } & & 200 \\ \hline \end{array}  Which of the following sets of ledger accounts reflects the posting of this transaction? A)    B)    C)    D)
D)
 A business purchased $200 of supplies on credit and recorded the following journal entry:  \begin{array} { | l | r | r | }  \hline \text { Supplies } & 200 & \\ \hline \text { Accounts payable } & & 200 \\ \hline \end{array}  Which of the following sets of ledger accounts reflects the posting of this transaction? A)    B)    C)    D)

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