On January 14 Maxine Industries purchased supplies of $900 on account. The entry to record the purchase will include

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Since Maxine Industries purchased supplies on account, it means that they didn't pay for the supplies right away but instead will pay for them at a later date. The account they owe is called Accounts Payable. The account for the supplies purchased is called Supplies. Because they haven't paid for them yet, Supplies is increased by debiting it, and Accounts Payable is increased by crediting it. Therefore, the entry to record the purchase will be a debit to Supplies and a credit to Accounts Payable.

On January 14 Maxine Industries Purchased Supplies of $900 on Account