Hawk Company purchased $300 of supplies on account. Which of the following shows how this purchase will affect Hawk's ledger accounts? Assets=Liabilities+Stockholders' Equity CashSupplies AccountsPayable CommonStockRetainedEarningsA. 800 800   B. (800)    (800)C.(800)800     D.   800  (800)

A. Option A
B. Option B
C. Option C
D. Option D


Answer: A

Business

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