Your business purchased supplies of $2,500 on account. The journal entry to record this transaction

September 27, 2020/in /by Paul

Your business purchased supplies of $2,500 on account. The journal entry to record this transaction is as follows:

a. Supplies

2,500

Accounts receivable

2,500

b. Supplies

2,500

Accounts payable

2,500

c. Accounts payable

2,500

Supplies

2,500

d. Inventory

2,500

Accounts payable

2,500