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Supplies originally cost $600, but only $150 worth of supplies were used this period. The adjusting entry Oa. debit Supplies Expense, $450; credit Supplies, $450.
Supplies originally cost $600, but only $150 worth of supplies were used this period. The adjusting entry Oa. debit Supplies Expense, $450; credit Supplies, $450. Ob. debit Supplies, $150; credit Supplies Expense, $150. Oc. debit Supplies, $450; credit Supplies Expense, $450. Od. debit Supplies Expense, $150; credit Supplies, $150 Which of these is an error on the worksheet? Oa. Cash is shown on the debit column under trial balance. Ob. Depreciation expense is shown in the debit side of the adjustment column. Oc. Paid up capital is shown under credit side of the balance sheet column. Od. Profit is shown on the debit column under balance sheet. The cost of an asset that is subject to depreciation is called a. depreciable cost. Ob. trade-in value Oc. salvage value Od. revenue
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