If the transaction paid cash for office supplies the accounts affected would be?

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1177035

2026-07-15 23:35

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If the transaction paid cash for office supplies, the accounts affected would be "Office Supplies" and "Cash." The Office Supplies account would be debited to reflect the increase in supplies, while the Cash account would be credited to indicate the decrease in cash due to the payment. This transaction affects both the asset accounts, with office supplies increasing and cash decreasing.

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