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-   -   Entry to adjust (https://www.askmehelpdesk.com/showthread.php?t=219455)

  • May 24, 2008, 06:56 PM
    ak30
    Entry to adjust
    The cost of supplies used during the accounting period is.
    I have 2 choices:
    a. Accounts payable, debit; supplies expenses,credit
    b. Supplies Expense, debit; Supplies, credit.

    Which one is correct... please answer??
  • May 25, 2008, 12:08 AM
    morgaine300
    Assuming this is for homework, please see our homework guidelines here:

    https://www.askmehelpdesk.com/financ...-b-u-font.html

    We aren't here just to do your work for you. At least show us an attempt to answer the question. Think about what it says: cost of supplies used. Which entry seems more logical? Or maybe more to the point, which ones seems least logical?

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