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A company prepares the following journal entry. In posting this transaction to T-accounts, which of the following will be required?
Date | Account Title | Debit | Credit |
July 1 | Supplies | 2,000 | |
| Cash | | 2,000 |
(Purchase supplies with cash) |
Multiple Choice
Post $2,000 on the left side of the Cash T-account
Post $2,000 on the left side of the Supplies T-account
Post $2,000 on the right side of the Supplies T-account
None of these.
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