in thal Amble tu fhe Ofice Supplies and Expense Trncoounts M

in thal Amble tu fhe Ofice Supplies and Expense Trncoounts. Make Supplies Ocgih by recording the adjusting cntry assuming that Amble rccords cffice suppls by Indaly dbiting an asact account. (Rccord dobits first, then crecits Sclact the cxplanaion on the last line of tho Datc Credit Now post the acjueting entry bo the Ofice Suppies and Suppics Expnse Taccounts $0 iinadj.stad halanna maka sura tantar-r nn tha normal si¡?? ot tha ?0aints ) ottice Supplies Supplies Expense by kritikily deh offica supplies In the Supplles Expens T-account Begin djusting entry azsuming that Amble records cffie supplis by iniily dbiting an expanse account Recrd debits first, then credits. Select the explanation on the lat I y recording t ine of the journal entry Date Accounts and Explanation Debit Credit

Solution

Date Accounts and Explanation Debit Credit Office Supplies 3000 Accounts Payable 3000 Office Supplies Beg 1400       3000 Supplies Expense 0    Bal. 0 Date Accounts and Explanation Debit Credit Supplies Expense 4000 Office Supplies 4000 Office Supplies Beg 1400 400 3000 Bal. 4000 Supplies Expense 4000       Bal. 4000