WebAccount Titles Debit Credit Cash in Bank Accounts Receivable Estimated Uncollectible Account Unused Supplies Prepaid Rent Delivery Trucks Accumulated Depreciation - … WebSee Answer. Question: Prior to recording adjusting entries, the Office Supplies account had a $359 debit balance. A physical count of the supplies showed $105 of unused supplies …
What Is the Adjusting Entry for Unused Supplies? Small Business …
WebStudy with Quizlet and memorize flashcards containing terms like rior to recording adjusting entries, the Office Supplies account had a $359 debit balance. A physical count of the … WebThe required adjusting entry is: 1. debit Office Supplies $105 and credit Office Suppl; Prior to recording adjusting entries, the Supplies account has a $450 debit balance. A physical count of supplies shows $125 of unused supplies still available. The required adjusting entry is: a. Debit Supplies $125; Credit Supplies Expense $125. b. De dok puglia
Prior to recording adjusting entries, the Supplies account has a …
WebFeb 9, 2024 · If the supplies are instead paid for with cash, the offsetting credit is to the cash account. Presentation of Supplies on Hand. The Supplies on Hand asset account is … WebThe required adjusting entry is: A) Debit Office Supplies $105 and credit Office Supplie; Prior to recording adjusting entries, the Office Supplies account had a $359 debit balance. A physical count of the supplies showed $105 of unused supplies available. The required adjusting entry is: 1. debit Office Supplies $105 and credit Office Suppl WebThe adjusting entry would be: The "Service Supplies Expense" is an expense account while "Service Supplies" is an asset. After making the entry, the balance of the unused Service … push key value to object javascript