Eloise  Bridgerton, owner of  UR highness Laundry Shop purchased P 10, 000 worth of detergent to Sab Bonin Company on account. What  will be the appropriate account titles for this transaction?     Supplies Expense, Accounts Receivable Supplies, Cash Supplies Account Receivable Supplies Expense, Accounts Payable

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter7: Accounting Information Systems
Section: Chapter Questions
Problem 18MC: You returned damaged goods to C.C. Rogers Inc. and received a credit memo for $250. Which journal(s)...
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Eloise  Bridgerton, owner of  UR highness Laundry Shop purchased P 10, 000 worth of detergent to Sab Bonin Company on account. What  will be the appropriate account titles for this transaction?
 
 
  • Supplies Expense, Accounts Receivable
  • Supplies, Cash
  • Supplies Account Receivable
  • Supplies Expense, Accounts Payable
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