A Business Purchases $1,000 of Office Supplies on Account

question 52

Multiple Choice

A business purchases $1,000 of office supplies on account.Which of the following accounts is debited?

• A) Cash
• B) Accounts Payable
• C) Office Supplies
• D) Prepaid Asset

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Definitions:

Deliveries

Deliveries refer to the process of transporting goods from one location to another, often involving a transfer from seller to buyer or from a storage facility to the end user.

Desirable Tone

The chosen attitude or emotional expression in communication that is considered appropriate and effective for the situation.

Confident

The state of feeling certain about the truth of something or having firm trust in one’s abilities or qualities.

Positive Emphasis

A communication approach focusing on positive aspects or outcomes rather than negative ones.