Question: Question 2 4 ( 2 points ) On January 1 4 , ABC Company purchased supplies of $ 5 0 0 on account. The entry

Question 24(2 points)
On January 14, ABC Company purchased supplies of $500 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.
 Question 24(2 points) On January 14, ABC Company purchased supplies of

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