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During the month, a company uses up $4,000 of supplies. At the end of the month, the related adjusting jou entry would result in a(n)

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During the month, a company uses up $4,000 of supplies. At the end of the month, the related adjusting jou entry would result in a(n) : decrease in an asset and an equal decrease in expenses. increase in an asset and an equal increase in expenses. decrease in an asset and an equal increase in expenses. increase in an asset and a decrease in expenses. Angela is a tenant of Bruce. On March 1, Angela paid Bruce $2,400 for 3 months of rent. On March 31 , Angela's adjusting entries will include a debit to: Rent Expense for $2,400 and a credit to Prepaid Rent for $2,400. Prepaid Rent for $2,400 and a credit to Cash for $2,400. Rent Expense for $800 and a credit to Prepaid Rent for $800. Prepaid Rent for $800 and a credit to Rent Expense for $800

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