Pizitz Company experienced a business event that affected its financial statements as indicated below.Balance SheetIncome StatementStmt ofCash FlowsAssets=Liab.+EquityRev.?Exp.=Net Inc.?NA NA NANA NA NA?OA Which of the following events could have caused these effects?
A. Recognized supplies expense
B. Paid cash to reduce supplies payable
C. Purchased supplies on account
D. Paid cash to purchase supplies
Answer: D
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