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Adjusting journal entries for supplies
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If supplies are bought on credit, what is the journal entry
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If supplies are bought on credit, and you debit supplies (asset), credit accounts payable do you also debit supplies axpense
When a firm purchases supplies for use in its business, and the cost of the supplies
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Journal Entry - Supplies bought on credit
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I am having trouble with this problem (although I know it must be simple to answer!). Someone please, please help!! If your company purchased supplies on credit, hwo would you record this journal entry? Then when you make a partial payment to your credit account, how would you record that... View more questions Search
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