A Physical Count of Supplies on Hand at the End

question 18

Multiple Choice

A physical count of supplies on hand at the end of May for Masters,Inc.indicated $1,250 of supplies on hand.The general ledger balance before any adjustment is $2,100.What is the adjusting entry for office supplies that should be recorded on May 31?

• A)Debit Supplies Expense $1,250 and credit Supplies $1,250.
• B)Debit Prepaid Supplies $850 and credit Supplied Expense $850.
• C)Debit Supplies Expense $1,250 and credit Supplies $2,100.
• D)Debit Supplies $1,250 and credit Cash $1,250.
• E)Debit Supplies Expense $850 and credit Supplies $850.

---

Definitions:

Competence

The ability or capacity to do something effectively or to a required standard; often refers to a specific skill or set of skills.

Obscenities

Words, expressions, or actions that are offensive or rude, often related to sex or bodily functions.

Psychopathology

The study of mental disorders, including their symptoms, causes, and treatments.

Criminal Profiler

A professional who uses knowledge about human behavior, psychology, and patterns of criminal activity to create profiles of unknown suspects or to analyze cases.