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Ridge Corporation had a Supplies account that showed a beginning debit balance of $500. During the year, supplies purchased totaled $450. There were $250 of

Ridge Corporation had a Supplies account that showed a beginning debit balance of $500. During the year, supplies purchased totaled $450. There were $250 of supplies remaining at year-end. The adjusting entry for Supplies would include a:

Select one:

a. Credit to Supplies for $950

b. Debit to Supplies Expense for $700

c. Credit to Supplies Expense for $700

d. Debit to Supplies for $250

e. Credit to Supplies Expense for $950

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