The balance sheet reported supplies of $1,900 at December 31, 2009. On December 31, 2010, the actual supplies on hand amounted to $1,400. During the year, additional supplies costing $1,500 were acquired and debited to the Supplies account. The adjusting entry required at the end of December 31, 2010 is

Question

The balance sheet reported supplies of $1,900 at December 31, 2009. On December 31, 2010, the actual supplies on hand amounted to $1,400. During the year, additional supplies costing $1,500 were acquired and debited to the Supplies account. The adjusting entry required at the end of December 31, 2010 is The balance sheet reported supplies of $1,900 at December 31, 2009. On December 31, 2010, the actual supplies on hand amounted to $1,400. During the year, additional supplies costing $1,500 were acquired and debited to the Supplies account. The adjusting entry required at the end of December 31, 2010 is

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The Answer is D

The Balance Sheet Reported Supplies of $1,900 at December 31