Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. what is the journal entry in: "purchased supplies

what is the journal entry in: "purchased supplies on account. the company record purchases of...

60.1K

Verified Solution

Question

Accounting

what is the journal entry in: "purchased supplies on account. the company record purchases of suplies in nominal (temporary) accounts

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Chemistry
1.2K views

Compressibility, τ, is defined as: τ = − 1 /ν *(dν/ dp) Show that the ratio...

Physics
1.2K views

A vertical axis rotational apparatus shown is the apparatus we used in Laboratory. The apparatus has...

Psychology
1.2K views

What is the business perspective for inclusion of diversity management in a health care environment? How...

Psychology
1.2K views

Discuss the importance of Syria for understanding the culture of Late Antiquity

Physics
1.2K views

i In this case force exerted by the spring F and displacement of the block...

Geometry
1.2K views

Question 6 Points 3 What type of rigid transformation is performed on these polygons Rotation...

Basic Math
1.2K views

Solve the equation for x Select all of the correct answers x 2 27 G...

Algebra
1.2K views

After a 60% reduction, you purchase a new sofa on sale for $224. What was...

Accounting
1.2K views

Exercise 12A-7 Customer Latitude and Pricing [LO12-9] The postal service of St. Vincent, an island...

Accounting
1.2K views

$2,450. b. On Agril 1. Mathis gaid treight tharges of stoo canh to have the...

Accounting
1.2K views

Bearcat, LLP is auditing Dumbledore Manufacturing, Inc. (DMI), a privately-held company, for the year ended...

Accounting
1.2K views

fxed are $45 per unit, and variable manufacturing costs are $225 per unit a. Determine...