Supplies will be debited since increase in assets is debited. Accounts payable will be credited since increase in liabilities is credited.
Transaction | General Journal | Debit | Credit |
4 | Supplies | $1,350 | |
Accounts payable | $1,350 | ||
( To record purchase of supplies on account) |
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Journal entry worksheet < 0 2 3 BSC received $1,350 of supplies purchased on account. Record...
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