Pizitz Company experienced a business event that affected its financial statements as indicated below. Which of the following events could have caused these effects?
A)Paid cash to reduce supplies payable
B)Recognized supplies expense
C)Paid cash to purchase supplies
D)Purchased supplies on account

Question

Pizitz Company experienced a business event that affected its financial statements as indicated below.  Which of the following events could have caused these effects?
A)Paid cash to reduce supplies payable 
B)Recognized supplies expense 
C)Paid cash to purchase supplies 
D)Purchased supplies on account

Quizplus · Accepted Answer

The Answer of Pizitz Company experienced a business event that affected its financial statements as indicated below.  Which of the following events could have caused these effects?
A)Paid cash to reduce supplies payable 
B)Recognized supplies expense 
C)Paid cash to purchase supplies 
D)Purchased supplies on account

Pizitz Company Experienced a Business Event That Affected Its Financial