Purchasing office supplies is recorded with a credit to office supplies.Purchasing office supplies is recorded with a debit to office supplies.

Name: Purchasing office supplies is recorded with a credit to office supplies.Purchasing office supplies is recorded with a debit to office supplies.
Brand: Quizplus
Rating: 4.8 (48 reviews)

Question

Quizplus · Accepted Answer

Purchasing office supplies is recorded with a debit to office supplies, not a credit. This increases the office supplies asset account.

Purchasing Office Supplies Is Recorded with a Credit to Office