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Company purchased $500 of office supplies on credit. Which of the following general journal entries will Company make to record this transaction?

Company purchased $500 of office supplies on credit. Which of the following general journal entries will Company make to record this transaction?
asked 41.4k views
1 vote
company purchased $500 of office supplies on credit. Which of the following general journal entries will Company make to record this transaction?

asked
User Mikaela
by
7.6k points

1 Answer

8 votes

Debit Office Supplies

Credit Accounts Payable

answered
User Coltin
by
8.3k points
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