At the beginning of the period, Polly Parrot Corporation had $800 of supplies on hand. During the period, it purchased $1,800 of supplies and at the end of the period, the company determined that only $1,600 of supplies were still on hand.
What adjusting entry should Polly Parrot Corporation make at the end of the period?
A) Supplies Expense 2,600
Supplies 2,600
B) Supplies Expense 1,000
Supplies 1,000
C) Supplies 2,600
Supplies Expense 2,600
D) Supplies 1,000
Supplies Expense 1,000
Correct Answer:
Verified
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