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    mwasserburger's Avatar
    mwasserburger Posts: 2, Reputation: 1
    New Member
    		  
    #1

    Sep 30, 2007, 07:26 PM
    Journal Entry
    If I have a purchase amount on account should I debit accounts payable and credit the materials and supply expence?:(
    bunnyKutty's Avatar
    bunnyKutty Posts: 60, Reputation: 5
    Junior Member
    		  
    #2

    Nov 10, 2007, 03:11 AM
    It is
    Debit Materials
    Credit Accounts payable
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