SmartClutch9456 SmartClutch9456
  • 22-06-2021
  • Business
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On January 14, Whispering Winds Corp. purchased supplies of $460 on account. The entry to record the purchase will include

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Zviko
Zviko Zviko
  • 24-06-2021

Answer:

Debit : Supplies  $460

Credit : Accounts Payable $460

Explanation:

The entry to record the purchase of supplies will include a Debit to Asset Account - Supplies and a Credit to Liability Account - Accounts Payable at value of $460.

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