Which business transactions would result in the following journal entry Dr. Supplies Cr. Accounts Payable a. Proprietor Withdrew cash from the business for his personal use. b. Purchased supplies by cash. c. Received supplies from the customer for whom services were provided on credit. d. Purchased supplies on account.

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter3: Analyzing And Recording Transactions
Section: Chapter Questions
Problem 37MC: Which of these transactions requires a debit entry to Cash? A. paid balance due to suppliers B. sold...
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Which business transactions would result in the following journal entry Dr. Supplies Cr. Accounts Payable a. Proprietor Withdrew cash from the business for his personal use. b. Purchased supplies by cash. c. Received supplies from the customer for whom services were provided on credit. d. Purchased supplies on account.
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