At January 31, 2015, the balance in Aislers Inc.'s supplies account was $750. During February, Aislers purchased supplies of $900 and used supplies of $1,125. At the end of February, the balance in the supplies account should be
A)$525 debit.
B)$975 debit.
C)$525 credit.
D)$775 debit.

Question

Quizplus · Accepted Answer

The balance at the end of February is calculated as the beginning balance plus purchases minus supplies used: $750 + $900 - $1,125 = $525 debit.

At January 31, 2015, the Balance in Aislers Inc