As supplies are used,they become:
A) inventory.
B) a liability.
C) an expense.
D) a revenue.
Correct Answer:
Verified
Q23: The normal balance of Rental Income is:
A)
Q30: The goods a company has available to
Q32: Accumulated Depreciation - Buildings should be shown
Q33: The adjustment for supplies used would be
Q34: The adjustment for accrued wages was NOT
Q35: The adjustment for unearned rent revenue is
Q39: The adjustment for salaries is necessary:
A) because
Q39: An account never used in an adjusting
Q40: As the Unearned Rent Revenue is earned:
A)the
Q41: The ending inventory in Year 1 is
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