Question
When supplies are bought on account, which account is listed on the first line of the entry?
Answers
GPT-5 mini
The Supplies account.
When supplies are bought on account you debit Supplies (listed on the first line) and credit Accounts Payable (indented on the second line).
When supplies are bought on account you debit Supplies (listed on the first line) and credit Accounts Payable (indented on the second line).