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The adjusting entry to recognize supplies expense ______ the Supplies account balance and ______ the balance in the Supplies expense account.

Sagot :

ayfat23

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

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