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Wiley Consulting Purchased $7,000 Worth of Supplies and Paid Cash  Accounts Payable 7,000 Supplies 7,000\begin{array} { | c | r | r | } \hline \text { Accounts Payable } & 7,000 & \\\hline \text { Supplies } & & 7,000 \\\hline\end{array}

Question 98

Multiple Choice

Wiley Consulting purchased $7,000 worth of supplies and paid cash immediately. Which of the following general journal entries will Wiley Consulting make to record this transaction?


A)  Accounts Payable 7,000 Supplies 7,000\begin{array} { | c | r | r | } \hline \text { Accounts Payable } & 7,000 & \\\hline \text { Supplies } & & 7,000 \\\hline\end{array}
B)  Cash 7,000 Supplies 7,000\begin{array} { | l | r | r | } \hline \text { Cash } & 7,000 & \\\hline \text { Supplies } & & 7,000 \\\hline\end{array}
C)  Supplies 7,000 Cash 7,000\begin{array} { | c | r | r | } \hline \text { Supplies } & 7,000 & \\\hline \text { Cash } & & 7,000 \\\hline\end{array}
D)  Supplies 7,000 Accounts Payable 7,000\begin{array} { | l | r | r | } \hline \text { Supplies } & 7,000 & \\\hline \text { Accounts Payable } & & 7,000 \\\hline\end{array}
E)  Supplies Experise 7,000 Accounts Payable 7,000\begin{array} { | c | r | r | } \hline \text { Supplies Experise } & 7,000 & \\\hline \text { Accounts Payable } & & 7,000 \\\hline\end{array}

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