Question $4$

At the beginning of the period, Poe Corporation had $$800$ of supplies on hand. During the period, it purchased $$1,800$ of supplies and at the end of the period, the company determined that only $$1,600$ of supplies were still on hand.

What adjusting entry should Poe Corporation make at the end of the period?

Select one:

A$.$

Supplies Expense

$2,600$

Supplies

$2,600$

B$.$

Supplies Expense

$1,000$

Supplies

$1,000$

C$.$

Supplies

$1,000$

Supplies Expense

$1,000$

D$.$

Supplies

$2,600$

Supplies Expense

$2,600$