The adjustment for supplies used would be to:
A) debit Supplies Expense;credit Supplies.
B) debit Supplies;credit Cash.
C) debit Supplies;credit Supplies Expense.
D) debit Inventory;credit Supplies.
Correct Answer:
Verified
Q23: The normal balance of Rental Income is:
A)
Q28: The adjustment for accrued salaries would be
Q29: The financial statement on which Rental Income
Q30: Mortgage Payable is what type of account?
A)Asset
B)Liability
C)Expense
D)Contra-asset
Q30: The goods a company has available to
Q32: Accumulated Depreciation - Buildings should be shown
Q34: The adjustment for accrued wages was NOT
Q35: The adjustment for unearned rent revenue is
Q36: As supplies are used,they become:
A)inventory.
B)a liability.
C)an expense.
D)a
Q39: The adjustment for salaries is necessary:
A) because
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