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Author Question: Supplies on hand were $800 at the start of the year. At the end of the year, it was determined that ... (Read 132 times)

jlmhmf

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on: Feb 18, 2020
Supplies on hand were $800 at the start of the year. At the end of the year, it was determined that $450 of supplies had been used. What is the adjusting entry for supplies?
◦ debit Supplies Expense, $450; credit Supplies, $450
◦ debit Supplies, $450; credit Supplies Expense, $450
◦ debit Supplies, $350; credit Supplies Expense, $350
◦ debit Supplies Expense, $350; credit Supplies, $350
Financial Accounting ¦ Kemp, Waybright ¦ 5th Edition
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Marked as best answer by jlmhmf on Feb 18, 2020

Kdiggy

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Reply #1 on: Feb 18, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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jlmhmf

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Reply 2 on: Feb 18, 2020
:D TYSM

dreamfighter72

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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