Solved

At March 1, 2022, Milo Corp

Question 172

Multiple Choice

At March 1, 2022, Milo Corp. had supplies on hand of $600. During the month, Milo purchased supplies of $1,300 and used supplies of $1,400. The March 31 adjusting journal entry should include a


A) debit to the supplies account for $1,400.
B) credit to the supplies account for $600.
C) debit to the supplies account for $1,300.
D) credit to the supplies account for $1,400.

Correct Answer:

verifed

Verified

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

Related Questions