The journal entry to record this transaction consists of a: debit of the purchases account for $21400 and credit the accounts payable account for $21400
<h3>How to enter a transaction in a journal?</h3>
We are told that a company purchased $21,400 of supplies on credit.
Now, it is vital to note that in a journal, there is the credit column and also the debit column.
Now, the way we carry out recording the Journal Entry for a Credit Purchase is that;
When a business purchases goods or services on credit, the business will then debit the purchases account, which will increase the business’s assets.
The business will also credit the accounts payable account, which will increase the business’s liabilities.
Thus;
The journal entry to record this transaction consists of a: debit of the purchases account for $21400 and credit the accounts payable account for $21400
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Answer:
Economic sanctions and hard power
Explanation:
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Answer:
F
Explanation:
my teacher would slap me and give me a 0
Answer: D
Explanation because there is no point in having to know other skills. that don't evolve your job.
Answer:
C)Thirty percent
Explanation:
This question is about the article "Fad, fashion or classic? How to shop sensibly." Where the narrator states that a person's wardrobe must be in accordance with his daily life and the number of activities he does. In this article, Michael Kors states that a person's wardrobe must consist of 70% comfortable clothes and 30% fad clothes, however, this percentage must be adapted to the daily life of each person, always prioritizing the activities he does and the places who attends.
