Solved

The Trial Balance for Greenway Corporation Appears as Follows

Question 46

Multiple Choice

The trial balance for Greenway Corporation appears as follows: The trial balance for Greenway Corporation appears as follows:   If, on December 31, 2022, supplies on hand were $40, the adjusting entry would contain a: A) debit to Supplies for $40. B) credit to Supplies for $40. C) debit to Supplies Expense for $140. D) credit to Supplies Expense for $140. If, on December 31, 2022, supplies on hand were $40, the adjusting entry would contain a:


A) debit to Supplies for $40.
B) credit to Supplies for $40.
C) debit to Supplies Expense for $140.
D) credit to Supplies Expense for $140.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions