A business purchases $500 of office supplies on account. Which of the following accounts is credited?

A) Cash
B) Accounts Payable
C) Office Supplies
D) Service Revenue

B

Business

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The type of linear program that compares services to indicate which one is less productive or inefficient is called:

A) product mix. B) data envelopment analysis. C) marketing. D) blending.

Business

Time-series analysis is a statistical approach that relies heavily on historical demand data to project the future size of demand

Indicate whether the statement is true or false

Business