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On December 31,Treats Catering Inc

Question 44

Multiple Choice

On December 31,Treats Catering Inc.'s trial balance shows a $1,000 balance in the Supplies account.However,a physical count of the supplies determined that only $400 of supplies actually remain in the supply cabinet.Select the adjusting entry made on December 31,to record the amount of supplies that had been used during the year.


A)
On December 31,Treats Catering Inc.'s trial balance shows a $1,000 balance in the Supplies account.However,a physical count of the supplies determined that only $400 of supplies actually remain in the supply cabinet.Select the adjusting entry made on December 31,to record the amount of supplies that had been used during the year. A) B) C) D)
B)
On December 31,Treats Catering Inc.'s trial balance shows a $1,000 balance in the Supplies account.However,a physical count of the supplies determined that only $400 of supplies actually remain in the supply cabinet.Select the adjusting entry made on December 31,to record the amount of supplies that had been used during the year. A) B) C) D)
C)
On December 31,Treats Catering Inc.'s trial balance shows a $1,000 balance in the Supplies account.However,a physical count of the supplies determined that only $400 of supplies actually remain in the supply cabinet.Select the adjusting entry made on December 31,to record the amount of supplies that had been used during the year. A) B) C) D)
D)
On December 31,Treats Catering Inc.'s trial balance shows a $1,000 balance in the Supplies account.However,a physical count of the supplies determined that only $400 of supplies actually remain in the supply cabinet.Select the adjusting entry made on December 31,to record the amount of supplies that had been used during the year. A) B) C) D)

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