ments: Accounting 1- ACCT-CE aded QUIZ Saved TB 02-111 The Delivery Company has placed The Delivery Company has placed an order for $2,000 of supplies and intends to pay on account once the goods have...

Extracted text: ments: Accounting 1- ACCT-CE aded QUIZ Saved TB 02-111 The Delivery Company has placed The Delivery Company has placed an order for $2,000 of supplies and intends to pay on account once the goods have been received. Transaction analysis requires the accounting clerk to Multiple Choice record supplies as an asset and debit accounts payable on the order date. record supplies as an asset and credit accounts payable on the order date. record supplies as an asset on the order date, but wait to record the liability until supplies are received. do nothing.