In a previous month,the business purchased supplies for $800 on account.Now the business makes a cash payment of $800 to the supplier.Please provide the journal entry (debits first,credits second.)
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Question

In a previous month,the business purchased supplies for $800 on account.Now the business makes a cash payment of $800 to the supplier.Please provide the journal entry (debits first,credits second.)
 $$\begin{array} { | l | r | r | } 
\hline \quad\quad\quad&\quad&\quad \
\hline \
\hline
\end{array}$$

Quizplus · Accepted Answer

The Answer of In a previous month,the business purchased supplies for $800 on account.Now the business makes a cash payment of $800 to the supplier.Please provide the journal entry (debits first,credits second.)
 $$\begin{array} { | l | r | r | } 
\hline \quad\quad\quad&\quad&\quad \
\hline \
\hline
\end{array}$$

In a Previous Month,the Business Purchased Supplies for $800 on Account.Now