Question
Zen Companby records supplies in the supplies account when purchased. At the end of the month, the adjusting journal entry to record the use of
Zen Companby records supplies in the supplies account when purchased. At the end of the month, the adjusting journal entry to record the use of supplies would include:
| An increase to supplies and an increase to expenses. | ||
| A decrease to supplies and an increase to expenses. | ||
| An increase to supplies and an increase to revenue. | ||
| A decrease to supplies and a decrease to cash. |
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Internal Auditing Assurance And Advisory Services
Authors: Kurt R. Reding, Paul J. Sobel, Urton L. Anderson, Michael J. Head, Sridhar Ramamoorti, Mark Salamasick, Cris Riddle
3rd Edition
0894137409, 978-0894137402
