The Unadjusted Trial Balance columns of a company's work sheet show the balance in the Office Supplies account as $750.The Adjustments columns show that $425 of these supplies was used during the period.The amount shown as Office Supplies in the Balance Sheet columns of the work sheet is:
A)$325 debit
B)$325 credit
C)$425 debit
D)$750 debit
E)$750 credit

Question

Quizplus · Accepted Answer

The unadjusted balance of $750 minus the used supplies of $425 results in $325 remaining as the balance for Office Supplies, which is shown as a debit in the Balance Sheet columns.

The Unadjusted Trial Balance Columns of a Company's Work Sheet