Question 4 Not yet saved Marked out of 1.00 Thomas Dentists purchased dental supplies costing $12,000 and debited dental supplies for the full amount. At the end of the accounting period, a physical count of dental supplies revealed $7,200 still on hand. The appropriate adjusting journal entry to be made at the end of the period would be: P Flag question a. Debit dental supplies, $12,000; Credit dental supplies expense, $12,000. b. Debit dental supplies expense, $4,800; Credit dental supplies, $4,800. Debit dental supplies, $7,200; Credit dental supplies expense, $7,200. d. Debit dental supplies expense, $7,200; Credit dental supplies, $7,200. C. Question 5 Not yet saved At 30 June 2018, before any year-end adjustments, David Company's Rent expense account had a balance of $5,000 and its Prepaid rent account had a balance of $10000. It was determined that $2,500 of the Prepaid rent had expired. The adjusted balance for Rent expense for the year would be: Marked out of 1.00 P Flag question a. $5,000. b. $2,500. C. $10,000. d. $7,500. Question 6 An electricity bill of $550 for June has not been recorded and will not be paid until next month. What adjusting entry is required as of 30 June? Not yet saved Marked out of 1.00 a. P Flag question Debit electricity expense $550; Credit cash $550 b. Debit electricity expense $550; Credit electricity payable $550 Debit electricity payable $550; Credit cash $550 d. Debit electricity payable $550; Credit electricity expense $550 C