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Dodge began 2016 supplies of $6,600. During the year, Dodge purchased additional supplies for $1,300. If an inventory of supplies taken on Dec 31, 2016
Dodge began 2016 supplies of $6,600. During the year, Dodge purchased additional supplies for $1,300. If an inventory of supplies taken on Dec 31, 2016 indicated that $5,000 of supplies were used during the year then Dodge's adjusting entry on Dec 31, 2016 would include a
A) Credit to supplies for $5,000
B) Debit Supplies for $6,300
c) Debit to supplies expenses for $3,700
D) Debit to supplies expenses for $2,900
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