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A company's office supplies account shows a beginning balance of $1,250 on January 1. During the year, the company purchased an additional $500 office supplies
A company's office supplies account shows a beginning balance of $1,250 on January 1. During the year, the company purchased an additional $500 office supplies on credit. The office supplies account had an ending balance of $215. The adjusting entry for December 31 to have the account reflect the correct ending balance should be: Select one O a. Accounts Payable be 1,535 Cash 1.535 ob 2,200 Office Supplies Office Supplies Expense 2,200 OC 7,535 Office Supplies Expense Accounts Payable 1,535 O d. Office Supplies Expense Cash 1535 1.535 Office supplies account had an ending balance of $215. The adjusting entry for December 31 to have the account reflect the correct ending balance should be: Select one: O a. Accounts Payable 1,535 Cash 1,535 ob. 2,200 Office Supplies Office Supplies Expense 2200 . 1,535 Office Supplies Expense Accounts Payable 1,535 1,535 od Office Supplies Expense Cash 1.535 oe 1,535 Office Supplies Expense Office Supplies 1,535
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