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Question 11 3 pts 90 91 92 93 The balance in the supplies account on December 1 was $3,000, supplies purchased during December were
Question 11 3 pts 90 91 92 93 The balance in the supplies account on December 1 was $3,000, supplies purchased during December were $3,000, and the supplies on hand at December 31 were $1,000. Which of the following adjusting entries is recorded correctly on December 31? 94 95 96 97 98 99 100 ODR: Supplies Expense $1,000; CR: Supplies $1,000 O DR: Supplies $3,000; CR: Cash $3,000 O DR: Supplies $3,000; CR: Supplies Expense $3,000 O DR: Supplies Expense $5,000; CR: Supplies $5,000 101 102 103 104 105 106 107 108 100
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