11. Walter's Windows showed supplies available during the year of $1,700. A count of the supplies on hand as of October 31 is 5600 The adjusting entry for Store Supplies expense would include A a credit to Store Supplies Expense for $600. B. a debit to Store Supplies for 51,100 C. a debit to Store Supplies Expense for $600 D. a debit to Store Supplies Expense for $1,100. 12. When the balance in the Income Summary account is a debit, the company has A incurred a net loss B. incurred a net income C. made an error in their closing entries D had more revenue than expenses. 13.After posting the closing entries, which of the following accounts is most likely NOT to have a zero balance? A Prepaid Insurance B.J.Smith Withdrawals C. Medical Fees D Advertising Expense 14 The Accounts Payable account has a zero opening balance total debit postings of $800 and credit postings of $1,400 The balance is A $600 debit B. $2 200 credit C $2,200 debit D $600 credit 15 Not-profit organizations A aim to improve society in some way B. seek to maximize profits C usually obtain funding from donations and government grants D Both A and Care correct