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-   -   Adjusting entries (https://www.askmehelpdesk.com/showthread.php?t=600739)

  • Oct 3, 2011, 06:13 PM
    Darion
    Adjusting entries
    Supplies on hand on September 30 were 1850
  • Oct 3, 2011, 06:33 PM
    pready
    You need to take your supplies account balance minus your actual onhand balance, then your adjusting entry will be:
    Debit Supplies Expense for the amount calculated above
    Credit Supplies for the amount calculated above

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