Rover Ltd. had $8,200 of supplies on hand at the beginning of the month. A count at the end of the month indicated $1,350 of supplies were still on hand. The adjusting entry at year end would include a: Select one O A. debit to Supplies for $1,350 O B. debit to Supplies Expense for $6,850 O C. credit to Supplies Expense for $6,850 O D. credit to Supplies Expense for $1,350

Rover Ltd. had $8,200 of supplies on hand at the beginning of the month. A count at the end of the month indicated $1,350 of supplies were still on hand. The adjusting entry at year end would include a: Select one O A. debit to Supplies for $1,350 O B. debit to Supplies Expense for $6,850 O C. credit to Supplies Expense for $6,850 O D. credit to Supplies Expense for $1,350

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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