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The balance in the supplies account before adjustment at the end of the year is $6,250. The proper adjusting entry if the amount of supplies on hand at the end of the year is $1,500 would be

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Tundexi

The proper adjusting entry of the supplies account will include a debit to Supplies Expense $4,750 and a credit to Supplies $4,750.

What is a Supplies expenses?

In account, this means cost of consumables that is used during a reporting period.

Supplies Expense = $6,250 - $1,500

Supplies Expense = $4,750

Therefore, its include a debit to Supplies Expense $4,750 and a credit to Supplies $4,750.

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