153 $\quad$ $\quad$ 300 $\quad$ Supplies $\quad$ $\quad$ 300
B Supplies Expense $\quad$

Short Answer

153. Sebadoah is a barber who does his own accounting for his shop. When he buys supplies he routinely debits Supplies Expense. Sebadoah purchased $1,500 of supplies in January and his inventory at the end of January shows $300 of supplies remaining. What adjusting entry should Sebadoah make on January 31? a. Supplies Expense $\quad$$\quad$ 300
$\quad$ Supplies $\quad$$\quad$ 300
b. Supplies Expense $\quad$$\quad$ 1,500
$\quad$ Cash $\quad$$\quad$ 1,500
c. Supplies.. $\quad$$\quad$ 300
$\quad$ Supplies Expense $\quad$$\quad$ 300
d. Supplies Expense. $\quad$$\quad$ 1,200
$\quad$ Supplies $\quad$$\quad$ 1,200