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what is the correct answer 30) An adjustment for Prepaid Rent would indicate A) the amount originally paid. B) the amount expired. the amount

what is the correct answer

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30) An adjustment for Prepaid Rent would indicate A) the amount originally paid. B) the amount expired. " the amount on hand. D'j the amount of the trial balance. 35) If the balance of supplies on hand account at the end of the period was $550 and you counted $250 on hand, the amount for the adjustment for Supplies expense would be BJ SAND. () 5250 D) $550. 36) The adjustment to record supplies used during the period would be AJ debit Supplies; credit Supplies Expense. B) debit Supplies Expense; credit Cosh. () debit Supplies Expense; (edit Supplion DJ debit Supplies; credit Cash. 37) A contro-amet in A) in reality a Liability. B) an asset with a debit balance C) an account with an opposite balance of a normal asset. Dj an account that increases the asset. 38) If the adjustment for Supplies used during the period was not made, A) expenses would be too low. Bj assets would be too low. ( expenses would be too high. D) revenue would be too high. 39) Not recording the Prepaid Rent used causes A) assets to be too high Bj assets to be too low. ( expenses to be too high Dj revenue to be too high. 40) Prepaid Rent is considered to be a(n)

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