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    Exam 3: Adjusting and Closing Entries
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    The Unadjusted Trial Balance for Supplies Shows a $634 Balance
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The Unadjusted Trial Balance for Supplies Shows a $634 Balance

Question 140

Question 140

Multiple Choice

The unadjusted trial balance for Supplies shows a $634 balance. If $532 of supplies were used during the period, the adjusted balance for Supplies would be a:


A) $102 credit.
B) $102 debit.
C) $532 debit.
D) $532 credit.

Correct Answer:

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