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On July 19, WX Company ordered $100 of supplies, promising to pay for them in August. The supplies were delivered and invoiced to WX on July 21 and WX paid $100 for them on August 10. The journal entry that WX made on August 10 would include a debit to ______.

Respuesta :

The journal entry that WX made on August 10 would include a debit to Account payable.

Journal entry:

Based on the information given if WX Company ordered $100 of supplies, promising to pay for them in August the appropriate journal entry to record the transaction is:

WX company journal entry

August 10

Debit Account payable $100

Credit Supplies expense $100

(To record supplies expenses)

Inconclusion the journal entry that WX made on August 10 would include a debit to Account payable.

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