English, asked by ashiashwini32, 5 months ago

journal entry of purchased stationery​

Answers

Answered by llSᴡᴇᴇᴛHᴏɴᴇʏll
3

Answer:

When you debit office supplies as an expense to an account such as Office Supplies, you would credit a Cash account if you paid for the supplies with cash. But if you use a credit card or receive a billing invoice you have to pay, you record the office expense in the Accounts Payable account.

Similar questions