Question: : . 2037818 - 00:49:36 Question 6 / 25 On June 6, Wing Wah Inc. purchased supplies on account for HK$80,000. On June 30, the

: . 2037818 - 00:49:36 Question 6 / 25 On June

: . 2037818 - 00:49:36 Question 6 / 25 On June 6, Wing Wah Inc. purchased supplies on account for HK$80,000. On June 30, the company paid half of the balance due. The June 30 payment will 1. decrease Cash and increase Supplies Expense by HKS 80.000. 2. increase Cash and decrease Accounts Receivable by HK$40.000, 3. decrease Cash and decrease Accounts Payable by HK$40,000. 4. decrease Supplies and increase Supplies Expense by HKS40,000. Next Type here to search () ENE

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