This month,Grass is Greener Lawn Service pays cash for $4,000 of grass fertilizer to be used two months from now.What journal entry will Grass is Greener record this month?
A) Debit Cash and credit Supplies Expense for $4,000.
B) Debit Supplies Expense and credit Accounts Payable for $4,000.
C) Debit Supplies and credit Cash for $4,000.
D) Debit Retained Earnings and credit Accounts Payable for $4,000.
Correct Answer:
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