[Debit] Cash 300
[Credit]Purchased returns 300
General Journal
supplies: $35.12 entertainment: $50.98 supplies: $47.22
Debit supplies expensesCredit supplies inventory
Debit supplies expensesCredit supplies inventory
Purchases journal
General Journal
supplies: $35.12 entertainment: $50.98 supplies: $47.22
Debit supplies expensesCredit supplies inventory
Debit supplies expensesCredit supplies inventory
Purchases journal
Journal, Jump drive
debit supplies expensecredit supplies inventory
debit supplies expensecredit supplies inventory
[Debit] Supplies expenses [Credit] Supplies Inventory
Debit supplies expenseCredit supplies inventory
The journal entry to record payment for supplies would involve crediting the cash account and debiting the supplies expense account.
debit supplies expenses 200credit supplies inventory 200