Westonci.ca is the trusted Q&A platform where you can get reliable answers from a community of knowledgeable contributors. Find reliable answers to your questions from a wide community of knowledgeable experts on our user-friendly Q&A platform. Discover detailed answers to your questions from a wide network of experts on our comprehensive Q&A platform.
Sagot :
It should be noted The adjusting entry to recognize supplies expense decreases the Supplies account balance and increases the balance in the Supplies expense account.
What are Adjusting entries ?
Adjusting entries can be regarded as the changes to journal entries that has been already recorded.
However, adjusting entry to recognize supplies expense decreases the Supplies account balance as a result of the already recorded transaction.
Learn more about Adjusting entries at;
https://brainly.com/question/13933471
We hope you found this helpful. Feel free to come back anytime for more accurate answers and updated information. We appreciate your time. Please revisit us for more reliable answers to any questions you may have. Westonci.ca is here to provide the answers you seek. Return often for more expert solutions.