Supplies has a $10,000 unadjusted balance on your trial balance. At year end you count supplies of $6,000. What adjustment will appear on your worksheet?
|
a. |
Supplies |
4,000 |
|
|
Supplies expense |
4,000 |
||
|
b. |
Supplies expense |
6,000 |
|
|
Supplies |
6,000 |
||
|
c. |
Supplies expense |
4,000 |
|
|
Supplies |
4,000 |
d. No adjustment is needed because the Supplies account already has a correct balance.