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need help in both questions? help please U Question 11 0.58 pts The supplies account has a balance of $975 at the beginning of the
need help in both questions? help please U Question 11 0.58 pts The supplies account has a balance of $975 at the beginning of the year and was debited during the year for $2,700, representing the total of supplies purchased during the year. If $ 700 of supplies are on hand at the end of the year, the supplies expense to be reported on the income statement for the year would be: $975 O $950 O $2,975 O $3,675 Question 12 0.58 pts A company failed to record salaries expense incurred, yet not paid for the last two days of the week. Omission of this adjusting entry will cause... Expenses to be overstated Liabilities to be understated Net Income to be understated Assets to be overstated 0.58 pts Question 11 The supplies account has a balance of $975 at the beginning of the year and was debited during the year for $2,700, representing the total of supplies purchased during the year. If $700 of supplies are on hand at the end of the year, the supplies expense to be reported on the income statement for the year would be: $975 $950 $2.975 O $3,675 0.58 pts Question 12 A company failed to record salaries expense incurred, yet not paid for the last two days of the week. Omission of this adjusting entry will cause... Expenses to be overstated Liabilities to be understated Net Income to be understated Assets to be overstated
need help in both questions?
help please
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