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The Proper Journal Entry to Purchase a Computer Costing $975 \quad

Question 165

Multiple Choice

The proper journal entry to purchase a computer costing $975 on account on January 2 to be utilized within the business would be:


A)
Supplies \quad 975
Accounts Payable \quad 975

B) Jan 2 Office Equipment 975\quad 975
Accounts Payable \quad\quad 975

C)
Jan 2 Office Supplies 975\quad 975
Accounts Receivable \quad 975
D) Jan 2 Office Equipment \quad 975
Accounts Receivable \quad 975

Correct Answer:

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