Willow Rentals purchased office supplies on credit.The general journal entry made by Willow Rentals will include a:

Question

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When purchasing supplies on credit, a company is essentially establishing a liability to the supplier. Therefore, the company would credit the Accounts Payable account and debit an appropriate expense account (such as Office Supplies Expense). Option D correctly reflects this transaction.

Willow Rentals Purchased Office Supplies on Credit