The business bought supplies on account. To record this transaction,
A. an expense is debited, and a liability is credited.
B. an asset is debited, and an asset is credited.
C. an asset is debited, and a liability is credited.
D. None of the above
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Home » Business » The business bought supplies on account. To record this transaction, A. an expense is debited, and a liability is credited. B. an asset is debited, and an asset is credited. C. an asset is debited, and a liability is credited. D. None of the above