On June 6 , Wing Wah Inc. purchased supplies on account for . On June 30,
the company paid half of the balance due. The June 30 payment will
A) decrease Cash and increase Supplies Expense by .
B) increase Cash and decrease Accounts Receivable by HK
C) decrease Cash and decrease Accounts Payable by
D) decrease Supplies and increase Supplies Expense by .
Correct Answer:
Verified
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