If Supplies has a $180 unadjusted balance at December 31 2022 and supplies on hand are $40 the year-end adjustment would contain a(n):

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The year-end adjustment requires recognizing the supplies used during the year. The unadjusted balance is $180, and $40 worth of supplies are on hand, indicating $140 worth of supplies were used. Therefore, Supplies Expense should be increased by $140.

If Supplies Has a $180 Unadjusted Balance at December 31