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GreenSource Company began the period with $370 in supplies. During the month, an additional $1,900 of supplies was purchased. A physical inventory at the end
GreenSource Company began the period with $370 in supplies. During the month, an additional $1,900 of supplies was purchased. A physical inventory at the end of the period revealed that there was $605 of supplies on hand. The adjusting entry should include a
a. credit to Supplies Expense for $1,665.
b. credit to Supplies for $1,665.
c. debit to Supplies for $605.
d. credit to Supplies Expense for $605.
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