Question: Question 2 4 ( 2 points ) On January 1 4 , ABC Company purchased supplies of $ 5 0 0 on account. The entry
Question points
On January ABC Company purchased supplies of $ on account. The entry to
record the purchase will include
A a debit to Supplies and a credit to Accounts Payable.
B a debit to Supplies and a credit to Cash.
C a debit to Accounts Receivable and a credit to Supplies.
D a debit to Supplies Expense and a credit to Accounts Receivable.
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