On June 1, paid $200 cash for office supplies. Prepare journal entries to record the above transactions on June 1.
a. Debit Cash $ 200
Credit office supplies $200
b. Debit office supplies expense $200
Credit Cash $ 200
c. Debit Cash $ 200
Credit office supplies expense $200
d. Debit equipment $200
Credit Cash $ 200
e. Debit office supplies $200
Credit Cash $ 200
Answer: B
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