During the current year, supplies were purchased for $3,000 cash. The inventory of supplies at the prior year-end was $600. At the current year-end, inventory remaining was $960. For the following two separate cases, prepare the adjusting entry and determine the balance of Supplies at year-end. Case A: $3,000 was debited to Supplies Expense during the year. Case B: $3,000 was debited to Supplies during the year. Ref. Case A Supplies Supplies Expense Account Name Balance of Supplies at year-end: $ 960 Balance of Supplies at year-end: $ Ref. Case B Supplies Expense Supplies Account Name X Dr. Dr. 360 0 0 Cr. Cr. 0 360 0x X

During the current year, ispples were purchased for $3,000covh, the invertory of supples at the pripr jebrend was sto0 At the curtent jeariend, inventory teinaning was $960. For the following two separate casen, prepare the adjusting ertry and drtermine the balance of supples at year end Case A $3.000 was debited to Supples Eapense durng the year. Case 8. $3,000 was debited to Sipplies durng the year. Balance or supplies at year end i Balance of Supplies at year-end 1 On june 1, the company collected $33,600 cash which is for servies to be performed over the next 12 months for the following two separate cases; prepare the adjusting entry and determine the: balance of Deferred Service Revenul at year:end Case A $33,600 was credted to Service Revenue during the year. Care B. $33,600 was credited to Deferted Service Reverue during the year. Balance of Deferred Semce levenoe at yeutend 1 x Flalance of Deferred Service Hevenue at year end. 3