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Supplies Purchased on Account Were Incorrectly Recorded as Office Equipment

Question 49

Multiple Choice

Supplies purchased on account were incorrectly recorded as Office Equipment. The correcting entry would be


A) Supplies, debit; Office Equipment, credit.
B) Accounts Receivable, debit; Supplies, credit.
C) Office Equipment, debit; Supplies Expense, credit.
D) Supplies, debit; Accounts Payable, credit.

Correct Answer:

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