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    Financial Accounting Study Set 4
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    Exam 3: Adjusting and Closing Entries
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    The Adjusted Balance for Supplies Was $333
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The Adjusted Balance for Supplies Was $333

Question 21

Question 21

Multiple Choice

The adjusted balance for Supplies was $333.The unadjusted balance for Supplies was $509.The amount of supplies expense would be recorded as a:


A) $333 debit.
B) $176 debit.
C) $176 credit.
D) $509 debit.

Correct Answer:

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