If Regent Tax Services' Office Supplies Account Balance on March

Multiple Choice

If Regent Tax Services' office supplies account balance on March 1 was $1,400, the company purchased $675 of supplies during the month, and a physical count of supplies on hand at the end of March indicated $1,250 unused, what is the amount of the adjusting entry for office supplies on March 31?

A) $675
B) $1,975
C) $825
D) $525
E) $1,250