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
Read more about Journal Entry at; brainly.com/question/14279491
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name five influences that guide the decisions that you make.
A financial goal that I have is to have a well-paying job as I get out of high school so I can afford to go to a University of my choice. This way I won't be in crippling debt and have to take out massive student loans. However, inflation as well as taxes will influence this. Income taxes will force me to have to give up some of my hard-earned money, which will significantly reduce the amount of money I actually make.
I hope this helps! :D If so, will you add it as the brainliest? Thanks! :D
If you are using USA test prep the answer would be:
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C). <span>a sharp spike in the graph immediately following the "0" location of the X axis</span></span>
Answer: The answer is A) The species eat different foods.
The size of their beaks determine what type of foods they eat.
