The balance in the supplies account before adjustment at the end ...

[biggirl4568]

The balance in the supplies account before adjustment at the end of the year is 6,250 . The proper adjusting entry if the amount of supplies on hand at the end of the year is 1,500 would be
 a. debit Supplies, 1,500; credit Supplies Expense, 1,500
  b. debit Supplies Expense, 4,750; credit Supplies, 4,750
  c. debit Supplies Expense, 1,500; credit Supplies, 1,500
  d. debit Supplies, 4,750; credit Supplies Expense, 4,750

Question 2

When counties receive cash advances under grants from the state, what account should they credit?
 
  a. grants receivable
  b. revenues - grants
  c. advance on state grants
  d. grant expenditures

[laurnthompson]

Answer to Question 1

b

Answer to Question 2

c

[biggirl4568]

Thank you

[laurnthompson]

No problemo