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On August 13 2016 Accounting Services Co  Equipment 1,700 Account Payable 2,000 Supplies 300\begin{array}{l}\text { Equipment } &1,700\\\quad \text { Account Payable }&&2,000\\\text { Supplies }&300\end{array}

Question 109

Short Answer

On August 13 2016 Accounting Services Co. purchased office equipment for $1700 and office supplies of $300 on account. Which of the following journal entries is recorded correctly and in the standard format? a.
 Equipment 1,700 Account Payable 2,000 Supplies 300\begin{array}{l}\text { Equipment } &1,700\\\quad \text { Account Payable }&&2,000\\\text { Supplies }&300\end{array}

b.
 Equipment 1,700 Supplies 300 Account Payable 2,000\begin{array}{l}\text { Equipment }&&1,700 \\\text { Supplies }&&300\\\quad \text { Account Payable }&2,000\\\end{array}

c.
 Account Payable 2,000 Equipment 1,700 Supplies 300\begin{array}{l} \text { Account Payable }&2,000\\\text { Equipment }&&1,700 \\\text { Supplies }&&300\end{array}

d.
 Equipment 1,700 Supplies 300 Account Payable 2,000\begin{array}{l}\text { Equipment } &1,700\\\text { Supplies } &300\\\quad \text { Account Payable }&&2,000\\\end{array}

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