Which of the Following Journal Entries Would Be Recorded If $$\begin{array} { | l | r | r | } \hline \text { Cash } & 200 & \\\hline \text { Supplies } & & 200 \\\hline\end{array}$$

question 136

Multiple Choice

Which of the following journal entries would be recorded if a business purchased $200 of supplies by paying cash?

• A) \[\begin{array} { | l | r | r | }
• \hline \text { Cash } & 200 & \\
• \hline \text { Supplies } & & 200 \\
• \hline
• \end{array}\]
• B) \[\begin{array} { | l | r | r | }
• \hline \text { Accounts payable } & 200 & \\
• \hline \text { Supplies } & & 200 \\
• \hline
• \end{array}\]
• C) \[\begin{array} { | l | r | r | }
• \hline \text { Supplies } & 200 & \\
• \hline \text { Cash } & & 200 \\
• \hline
• \end{array}\]
• D) \[\begin{array} { | l | r | r | }
• \hline \text { Supplies } & 200 & \\
• \hline \text { Accounts payable } & & 200 \\
• \hline
• \end{array}\]

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Defame

To damage someone's reputation, name, or character through false and malicious statements.

Guarantee

A formal pledge to ensure the fulfillment of a contract or the performance of an obligation, sometimes by providing a replacement or repair in case of default.

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Limitations or restrictions on individuals' or companies' business conduct aimed at promoting fair competition and reducing monopolistic practices.

Employment Contract

A formal agreement between an employer and an employee outlining the terms, conditions, duties, and responsibilities of the employment relationship.