Walter's Windows showed supplies available during the year of $1,700. A count of the supplies on .and as of October 31 is $600. The adjusting entry for Store Supplies expense would include A a credit to Store Supplies Expense for $600 B. a debit to Store Supplies for S1,100. C. a debit to Store Supplies Expense for $600. D. a debit to Store Supplies Expense for $1,100 12. When the balance in the Income Summary account is a debit, the company has A. incurred a net loss. B. incurred a net income C. made an error in their closing entries D had more revenue than expenses 13. After posting the closing entries, which of the following accounts is most likely NOT to have a zero balance? A Prepaid Insurance B. J.Smith, Withdrawals C. Medical Fees D Advertising Expense 14 The Accounts Payable account has a zero opening balance total debit postings of $800 and credit postings of 51,400 The balance is AS600 debit B 52.200 credit. C S2.200 debit D S600 credit 15 Not-profit organizations A. aim to improve society in some way 8. seek to maximize profits C usually obtain funding from donations and government grants D Both A and C are correct