The Unadjusted Trial Balance columns of a company's work sheet shows the Store Supplies account with a balance of $415. The Adjustments columns show a credit of $230 for supplies used during the period. The amount shown as Store Supplies in the Balance Sheet columns of the work sheet is: A. $185 debit. B. $185 credit. C. $230 debit. D. $415 debit. E. $415 credit

College Accounting (Book Only): A Career Approach
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Chapter11: Work Sheet And Adjusting Entries
Section: Chapter Questions
Problem 1PB: The trial balance of Jillson Company as of December 31, the end of its current fiscal year, is as...
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The Unadjusted Trial Balance columns of a company's work sheet shows the Store Supplies account with a balance of $415. The Adjustments columns show a credit of $230 for supplies used during the period. The amount shown as Store Supplies in the Balance Sheet columns of the work sheet is:

A. $185 debit.

B. $185 credit.

C. $230 debit.

D. $415 debit.

E. $415 credit.

 
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