The adjusted balance for Supplies was $333.The unadjusted balance for Supplies was $509.The amount of supplies expense would be recorded as a:

Question

Quizplus · Accepted Answer

The adjusted balance for Supplies is $333, which means that $176 worth of supplies has been used up during the accounting period (i.e. $509 - $333 = $176). Therefore, the amount of supplies expense that would be recorded is $176 as a debit.

The Adjusted Balance for Supplies Was $333