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    Exam 3: Adjusting and Closing Entries
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    The Unadjusted Trial Balance for Supplies Shows a $434 Balance
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The Unadjusted Trial Balance for Supplies Shows a $434 Balance

Question 136

Question 136

Multiple Choice

The unadjusted trial balance for Supplies shows a $434 balance.If $132 of supplies were used during the period,the adjusted balance for Supplies would be a:


A) $302 credit.
B) $302 debit.
C) $132 debit.
D) $132 credit.

Correct Answer:

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