Smith's General Store purchased Supplies on account. Which columns in the Purchases Journal will Mr. Smith use to record this transaction? The Purchases column only The Accounts Payable column and the Purchases column The Purchases column and the General debit column O The Accounts Payable column and the General debit column

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Smith's General Store purchased Supplies on account. Which columns in the Purchases Journal will Mr.
Smith use to record this transaction?
The Purchases column only
The Accounts Payable column and the Purchases column
O The Purchases column and the General debit column
O The Accounts Payable column and the General debit column
Transcribed Image Text:Smith's General Store purchased Supplies on account. Which columns in the Purchases Journal will Mr. Smith use to record this transaction? The Purchases column only The Accounts Payable column and the Purchases column O The Purchases column and the General debit column O The Accounts Payable column and the General debit column
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