Post a New Question


posted by .

. On June 1st, Green Pea, Inc. purchased $1,200 worth of supplies on account. How does this transaction affect Green Pea's accounts?
a. Increase supplies and accounts payable by $1,200
b. Increase supplies and decrease cash by $1,200
c. Increase supplies and decrease accounts payable by $1,200
d. No effect since cash has not been paid

Respond to this Question

First Name
School Subject
Your Answer

Similar Questions

More Related Questions

Post a New Question