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A Company purchased supplies costing $6,000 and debited Supplies for the full amount. At the end of the accounting period, a physical count of supplies

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A Company purchased supplies costing $6,000 and debited Supplies for the full amount. At the end of the accounting period, a physical count of supplies revealed $1,800 still on hand. The appropriate adjusting journal entry to be made at the end of the period would be a. Debit Supplies Expense, $1,800; Credit Supplies, $1,800. b. Debit Supplies, $4.200; Credit Supplies Expense, $4,200. C. Debit Supplies Expense, $4,200; Credit Supplies, $4,200. d. Debit Supplies, $1,800; Credit Supplies Expense, $1,800. Select one: OB The balance in the supplies account on June 1 was $5,000, supplies purchased during June were $3,000, and the supplies on hand at June 30 were $3,500. The amount to be used for the appropriate adjusting entry is a $4.000. b. $4,500 Odf final draft.docx 24 Time left 0:05:12 Select one: OB The balance in the supplies account on June 1 was $5,000, supplies purchased during June were $3,000, and the supplies on hand at June 30 were $3,500. The amount to be used for the appropriate adjusting entry is a $4,000. b. $4,500 c. $6,500 d. $11,500. Select one: B OC OD 15 t.pdf final draft.docx 24

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