Multiple Choice
The entry to record the purchase of supplies on account includes a credit to:
A) Supplies.
B) Accounts Payable.
C) Supplies Expense.
D) Cash.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q50: Posting accounting transactions avoids the necessity of
Q51: If the trial balance does not balance,several
Q52: Transaction analysis and the accounting equation have
Q53: When posting a journal entry to the
Q54: Jenkins Company began business in June when
Q56: A company performed tax services for a
Q57: Which transaction decreases stockholders' equity?<br>A)sale of common
Q58: On March 31,Baker Company received a bill
Q59: A company omitted a journal entry to
Q60: An account with a normal debit balance