FREE Trial

The journal entry for the purchase of inventory on account is a. Accounts payable....... XXX XXX Inventory.....

Question:

The journal entry for the purchase of inventory on account is

image text in transcribed

Transcribed Image Text:

a. Accounts payable....... XXX XXX Inventory..... b. Inventory... XXX XXX Cash...... C. XXX Inventory.... XXX Accounts payable.. d. Inventory...... XXX Accounts receivable XXX

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Answer rating: 100% (QA)
answer-question-section
Answered By
tutor-profile-image
Sandip Nandnawar
I am a B.E (Information technology) from GECA and also have an M.C.M from The University of RTMNU, MH. I worked as a software developer (Programmer and TL). Also working as an expert for the last 6 years and deal with complex assessment and projects. I have a team and lead a team of experts and conducted primary and secondary research. I am a senior software engg and senior expert and deal with all types of CSE and IT and other IT-related assessments and projects and homework.
5.00+ 1+ Reviews 10+ Question Solved
Related Book For  book-img-for-question
Financial And Managerial Accounting

Financial And Managerial Accounting

ISBN: 9780135080191

2nd Edition

Authors: Charles T Horngren, Jr Walter T Harrison

See More Books
Question Posted:
See More Questions

Students also viewed these Business questions

Horngrens Financial And Managerial Accounting The Financial Chapters 5th Edition - ISBN: 0133851257 - Free Book