what adjisting entry is needed to get the supplies balance from what it was to $200, you will have to credit supplies (asset) to reduce it and the debit goes to the supplies expense.

Record the appropriate adjusting journal entries on 1/31/2021 based on the following a. An inventory of supplies reveals that only $200 of supplies remain as of 1/31/2021. You'll need to create a new Supplies Expense account (Account Type: Expenses, Detail Type: Supplies & Materials Name: Sunnies Fynnin