A company purchase supplies and pays OMR 1,300 in cash, the journal entry will include.

College Accounting (Book Only): A Career Approach
13th Edition
ISBN:9781337280570
Author:Scott, Cathy J.
Publisher:Scott, Cathy J.
Chapter10: Cash Receipts And Cash Payments
Section: Chapter Questions
Problem 2QY: What is the entry to record the cash received on a sale of 500, credit terms 1/15, n/30, if the...
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A company purchase supplies and pays OMR 1,300 in cash , the journal entry will
include.
O a. Debit Accounts Payable OMR 1,300 and credit Supplies OMR 1,300.
O b. Debit Cash OMR 1,300 and credit Supplies OMR 1,300.
O c. Debit Supplies OMR 1,300 and credit Accounts Payable OMR 1,300.
O d. Debit Supplies OMR 1,300 and credit Cash OMR 1,300
Transcribed Image Text:A company purchase supplies and pays OMR 1,300 in cash , the journal entry will include. O a. Debit Accounts Payable OMR 1,300 and credit Supplies OMR 1,300. O b. Debit Cash OMR 1,300 and credit Supplies OMR 1,300. O c. Debit Supplies OMR 1,300 and credit Accounts Payable OMR 1,300. O d. Debit Supplies OMR 1,300 and credit Cash OMR 1,300
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