Multiple Choice
Which of the following would be the effect of a transaction to expense Supplies for the period?
A) Increase Supplies, Decrease Supplies expense.
B) Increase Supplies, Decrease Cash.
C) Increase Supplies expense, Decrease Cash.
D) Decrease Supplies expense, Decrease Cash.
E) Increase Supplies expense, Decrease Supplies.
Correct Answer:
Verified
Correct Answer:
Verified
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