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A company started the year with $37494 in supplies. During the year, it purchased S111099 in supplies and these were charged to the supplies expense

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A company started the year with $37494 in supplies. During the year, it purchased S111099 in supplies and these were charged to the supplies expense account. At year-end, there was $17194 in supplies remaining. The year-end adjusting entries will include the following entry to the supplies inventory account: Select one: a. $20300 cr. b. $131399 dr. C. $20300 dr. Cd. No adjusting entry is needed. Check

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