Vaughn Manufacturing purchased office supplies costing $7140 and debited Supplies for the full amount. At the end of the accounting period, a physical count of office supplies revealed $2550 still on hand. The appropriate adjusting journal entry to be made at the end of the period would be:
A) debit Supplies Expense, $4590; credit Supplies, $4590.
B) debit Supplies, $2550; credit Supplies Expense, $2550.
C) debit Supplies Expense, $2550; credit Supplies, $2550.
D) debit Supplies, $4590; credit Supplies Expense, $4590.
Answers: 1
Business, 21.06.2019 19:00
Danielle enjoy working as in certified public accountant (cpa) and assisting small business and individuals with managing their financial and taxes . which general area of accounting is her specialty ?
Answers: 1
Business, 22.06.2019 20:30
You are in the market for a new refrigerator for your company’s lounge, and you have narrowed the search down to two models. the energy efficient model sells for $700 and will save you $45 at the end of each of the next five years in electricity costs. the standard model has features similar to the energy efficient model but provides no future saving in electricity costs. it is priced at only $500. assuming your opportunity cost of funds is 6 percent, which refrigerator should you purchase
Answers: 3
Business, 22.06.2019 23:30
Match the different financial tasks to their corresponding financial life cycle phases wealth protection, wealth accumulation and wealth distribution
Answers: 3
Business, 23.06.2019 07:00
An employer takes a deduction from your paycheck for federal taxes. where does this money go? -the money is sent to the federal government to pay for goods and services for the community. -the money is sent to the mayor. -the money is sent to the federal government and deposited in a retirement account. -the money is sent to the social security fund.
Answers: 3
Vaughn Manufacturing purchased office supplies costing $7140 and debited Supplies for the full amoun...
English, 30.03.2021 19:20
Biology, 30.03.2021 19:20
Chemistry, 30.03.2021 19:20
Chemistry, 30.03.2021 19:20
Mathematics, 30.03.2021 19:20
Law, 30.03.2021 19:20
Law, 30.03.2021 19:20
Arts, 30.03.2021 19:20
Mathematics, 30.03.2021 19:20
English, 30.03.2021 19:20