HVAC Service
The following transactions occurred during
-Refer to HVAC Service. The journal entry to record the purchase of office equipment and supplies will include a credit to
A)furniture & supplies.
B)cash.
C)accounts payable.
D)delivery expense.

Question

HVAC Service
The following transactions occurred during 
-Refer to HVAC Service. The journal entry to record the purchase of office equipment and supplies will include a credit to
A)furniture & supplies. 
B)cash. 
C)accounts payable. 
D)delivery expense.

Quizplus · Accepted Answer

The purchase of office equipment and supplies was done on credit, so there is an increase in the accounts payable account. Therefore, the journal entry will include a credit to accounts payable.

HVAC Service The Following Transactions Occurred During