Supplies on hand were $434 of the original $1,134. The adjusting amount for supplies for the year would be:

Name: Supplies on hand were $434 of the original $1,134. The adjusting amount for supplies for the year would be:
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The adjusting amount for supplies can be calculated by taking the difference between the original amount of supplies ($1,134) and the supplies on hand at the end of the period ($434). 
Adjusting amount for supplies = $1,134 - $434 = $700. 
Therefore, the best choice is C.

Supplies on Hand Were $434 of the Original $1,134