The balance in our office supplies account on September 1 wa

The balance in our office supplies account on September 1 was $7,700. On September 30, our supplies on hand totaled $2,000. What account and amount would we debit when we record this adjusting entry in the general journal? O office supplies expense, $9,700 O office supplies, $5,700 O office supplies, $7,700 O office supplies expense, $5,700

Solution

Date

Accounts Title and Explanation

Debit

Credit

Sep-30

Office supplies Expense Account (7700-2000)

5700

Office Supplies Account

5700

Being recognition of office supplies expense

Date	Accounts Title and Explanation	Debit	Credit
Sep-30	Office supplies Expense Account (7700-2000)	5700
	Office Supplies Account		5700
Being recognition of office supplies expense