The journal entry to record the purchase of supplies on account

Debit Purchases

Credit Accounts Payable

Explanation:

The journal entry to record the purchase of supplies on account is to:

Dr Purchases

Cr Accounts Payable.

The double entry principle states that ''the receiving account be debited while the giving account be credited'' which explains why we have debited purchases and credited accounts payable.

Furthermore, not that in the case of purchase on cash (i. e. the items were paid for) the double entry would have been to

Dr Purchases

Cr Cash

But in this case, the supplies was done on account which means they were bought on credit, hence the creditors account (account payable) is credited