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The company purchased $900 of supplies on account. The journal entry to record this transaction is: debit Supplies Expense and credit Accounts...
The company purchased $900 of supplies on account. The journal entry to record this transaction is:
a. debit Supplies Expense and credit Accounts Payable.
b. debit Supplies and credit Cash.
c. debit Supplies and credit Accounts Payable.
d. debit Cash and credit Supplies.
e. debit Accounts Payable and credit Supplies