employee purchases of supplies with a company - issued credit card are typically recorded with a credit…

employee purchases of supplies with a company - issued credit card are typically recorded with a credit to\nmultiple choice\naccounts payable.\nsupplies.\ncash.\nsupplies expense.

employee purchases of supplies with a company - issued credit card are typically recorded with a credit to\nmultiple choice\naccounts payable.\nsupplies.\ncash.\nsupplies expense.

Answer

Brief Explanations:

When an employee uses a company - issued credit card to purchase supplies, the company has an obligation to pay the credit - card issuer. Accounts Payable is used to record such short - term obligations. Supplies is debited as an asset is being acquired, and since no cash is immediately paid out, Cash is not involved. Supplies Expense is debited when supplies are used, not when they are purchased.

Answer:

Accounts Payable.