Unlimited Doors Showed Supplies Available During the Year of $1,900

question 121

Multiple Choice

Unlimited Doors showed supplies available during the year of $1,900.A count of the supplies on hand as of October 31 is $800.The adjusting entry for Store Supplies would include:

• A)a debit to Store Supplies Expense for $800.
• B)a credit to Store Supplies Expense for $800.
• C)a debit to Store Supplies for $1,100.
• D)a debit to Store Supplies Expense for $1,100.

---

Definitions:

Budgeting Formulas

Mathematical expressions or rules used to plan and control income and expenditure over a specified period.

Actual Results

Refers to the real, achieved outcomes of financial and operational activities within a specific period.

Cost Drivers

Factors that cause the cost of a product or service to change, such as materials, labor, and overhead expenses.

Vocational School

An educational institution that provides practical and skills-based training for specific careers or trades.