The adjustment to record supplies used during the period would be:
A) debit Supplies; credit Supplies Expense.
B) debit Supplies Expense; credit Cash.
C) debit Supplies Expense; credit Supplies.
D) debit Supplies; credit Cash.

Question

Quizplus · Accepted Answer

The correct adjustment to record supplies used during the period is to debit Supplies Expense and credit Supplies. This reflects the decrease in supplies (an asset) and records the expense associated with their use.

The Adjustment to Record Supplies Used During the Period Would