A physical count of supplies on hand at the end of May for Masters, Inc. indicated $1,255 of supplies on hand. The general ledger balance before any adjustment is $2,150. What is the adjusting entry for office supplies that should be recorded on May 31?

Test #1 X Q ACC (5) Flashcards | Quizlet X C D newconnect.mheducation.com/flow/connect.html ABP Test #1 i Saved Help Save & Exit Submit Multiple Choice 14 Debit Supplies Expense $1,255 and credit Supplies $1,255. X 01:18:48 O Debit Prepaid Supplies $895 and credit Supplies Expense $895. O Debit Supplies Expense $2,150 and credit Supplies $2,150. O Debit Supplies $1,251 and credit Cash $1,251. O Debit Supplies Expense $895 and credit Supplies $895. Mc Graw Hill Type here to search Bb W 17 N hulu 10:39 PM 6/7/2020