Question

Office supplies purchased by J's Appliance Repair on account were returned. Which of the following entries for J's Appliance Repair records this transaction?

(A) Cash, debit; Office Supplies, credit
(B) Office Supplies, debit; Accounts Receivable, credit
(C) Accounts Payable, debit; Office Supplies, credit
(D) Office Supplies, debit; Accounts Payable, credit
(E) Accounts Payable, debit; Cash credit

Answer 1

The correct entry to record the return of office supplies purchased on account by J's Appliance Repair is (D) Office Supplies, debit; Accounts Payable, credit.

Step-by-step explanation:

The correct entry to record the return of office supplies purchased on account by J's Appliance Repair is (D) Office Supplies, debit; Accounts Payable, credit.

When the office supplies are returned, they need to be debited to Office Supplies to decrease the amount of supplies on hand. The corresponding credit should be made to Accounts Payable to reflect that the amount owed to the supplier has decreased.