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On March 31,Getze Family Automotive Performed a Month-End Inventory and Counted

Question 38

Multiple Choice

On March 31,Getze Family Automotive performed a month-end inventory and counted office supplies valued at $2,100.On March 1,the balance in the Supplies account was $1,200.Assume that $2,900 of purchases for the month was posted to the Supplies account,what adjusting entry would Getze Family Automotive make on March 31?


A)  Supplies expense 2,000 Supplies 2,000\begin{array}{lc}\text { Supplies expense } & 2,000 \\\quad \text { Supplies } && 2,000\\\end{array}

B)  Supplies 2,000 Stipplies expense 2,000\begin{array}{lccc}\text { Supplies } & 2,000 \\\quad \text { Stipplies expense } && 2,000 \\\end{array}

C)  Supplies 900 Supplies expense 900\begin{array}{lccc}\text { Supplies } & 900 \\\quad\text { Supplies expense } && 900\\\end{array}

D)  Supplies expense 900 Supplies 900\begin{array}{lccc}\text { Supplies expense }& 900\\\quad\text { Supplies }&& 900 \\\end{array}

E)  Supplies expense 2,900 Supplies 2,900\begin{array}{lccc}\text { Supplies expense } & 2,900 \\\quad \text { Supplies }& &2,900\end{array}

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