1 answer

At the end of the month, the adjusting journal entry to record the use of supplies...

Question:

At the end of the month, the adjusting journal entry to record the use of supplies would include a debit to:

Multiple Choice

  • Supplies and a credit to Service Revenue.

  • Supplies Expense and a credit to Supplies.

  • Supplies and a credit to Cash.

  • Supplies and a credit to Supplies Expense.


Answers

answers: Supplies Expenses and a credit to Supplies

Adjustment Journal  entry for the Use of the Supplies Expenses :

Debit: Supplies Expenses

Credit: Supplies

.

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