Question: _____7. When you post a transaction for purchasing office supplies on account, the accounts debited and credited are: a. Dr. Office Supplies; Cr. Accounts Payable/Vendor.
_____7. When you post a transaction for purchasing office supplies on account, the accounts debited and credited are:
a. Dr. Office Supplies; Cr. Accounts Payable/Vendor.
b. Dr. Accounts Payable/Vendor; Cr. Checking Account.
c. Dr. Office Supplies; Cr. Cash.
d. Dr. Office Equipment; Cr. Cash.
e. None of the above.
Vendors & Payables 111 The McGraw-Hill Companies, Inc., Computer Accounting with Microsoft Office Accounting 2007
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