Inventory of $100 000 was purchased on credit.The journal entry is:
A. DR Inventory $\quad $ $\quad $ CR Cash

B. DR Inventory $\quad $ CR Accounts payable

C. DR Accounts payable $\quad $ CR Inventory

D. DR Inventory $\quad $ $\quad $ CR Accrued expenses

Question

Inventory of $100 000 was purchased on credit.The journal entry is:
A. DR Inventory $\quad $    $\quad $ CR Cash

B. DR Inventory $\quad $  CR Accounts payable

C. DR Accounts payable $\quad $ CR Inventory

D. DR Inventory $\quad $   $\quad $ CR Accrued expenses

Quizplus · Accepted Answer

The Answer of Inventory of $100 000 was purchased on credit.The journal entry is:
A. DR Inventory $\quad $    $\quad $ CR Cash

B. DR Inventory $\quad $  CR Accounts payable

C. DR Accounts payable $\quad $ CR Inventory

D. DR Inventory $\quad $   $\quad $ CR Accrued expenses

Inventory of $100 000 Was Purchased on Credit \quad \quad