Question

ssued check 284 in the amount of $$352.50 to Office Co. for office supplies invoice 282. what specialized journals would this be recorded in? What is debited and what is credited?

Answer 1

The transaction for purchasing office supplies would be recorded in the cash disbursements journal with a debit to office supplies expense and a credit to the cash account.

Step-by-step explanation:

The transaction where a check number 284 is issued in the amount of $352.50 to Office Co. for office supplies invoice 282 would be recorded in the cash disbursements journal. In this journal, the office supplies expense would be debited for the amount of $352.50, representing the cost of the office supplies that were purchased. Conversely, the credits would be made to the cash account as the payment is made through a check, reducing the company's cash balance by the corresponding amount.