Provide descriptions for this transaction: Debit office supplies $8,000 and credit liability $,8000

Provide descriptions for this transaction: Debit office supplies $8,000 and credit liability $,8000




a. Buying office supplies by cash $8,000
b. Buying office supplies on credit $8,000
c. Arrange office supplies contract on credit $8,000
d. Arrange office supplies contract by cash $8,000
e. None of these




Answer: B


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