megh884
megh884 megh884
  • 25-05-2024
  • Mathematics
contestada

A company purchased $20,500 of supplies on credit. The journal entry to record this transaction consists of a:

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Binay5524
Binay5524 Binay5524
  • 25-05-2024

Answer:

The journal will be

Purchase A/C ...................Dr. $20,500

Cash A/C. $20,500

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