Ask a New Question

Question

purchase office supplies worth 50000.paying 20000 and 30000 on accounts.what is the debit and credit entry?
Jul 10, 2011

Answers

Office Supplies 50,000
Cash 20,000
Accts. Payable 30,000
Jul 15, 2011

Related Questions

Linking debit or credit with normal balance C5 Indicate whether a debit or credit decreases the no... Please double check me. Indicate whether a debit or credit decreases the normal balance of each of... Indicate whether a debit or credit decreases the normal balance of each of the following accounts.... a store purchased 500 in merchandise on account.using the periodic inventry system,how would you rec...
Ask a New Question
Archives Contact Us Privacy Policy Terms of Use