Thursday, October 27th, 2011 | Author:
5860529289 f3d7fb2038 m Office suppliesWhat accounting journal entry should I use if I buy office supplies with my personal cash?

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Question: What accounting journal entry should I use if I buy office supplies with my personal cash?
I have this receipt for some office supplies that I bought with my own money. What entry would a book keeper enter this transactin on?

The answer in the following: (Hint: The correct answer provided by the users, does not guarantee the right.)

Answer by Serge M
If you mean you bought the supplies for your employer and expect reimbursement, the entry to record the transaction by the company would be

dr – supplies inventory…….XX
cr. – Pyaable to employee ……….XX

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