During the First Year of Wilkinson Co

question 34

Multiple Choice

During the first year of Wilkinson Co.'s operations, all purchases were recorded as assets. Supplies in the amount of $25,800 were purchased. Actual year-end supplies amounted to $5,600. The adjusting entry for store supplies will

• A) increase net income by $20,200.
• B) increase expenses by $20,200.
• C) decrease supplies by $5,600.
• D) debit Accounts Payable for $5,600.

---

Definitions:

Genes

Units of heredity made up of DNA that carry information for the development, functioning, growth, and reproduction of organisms.

Spina Bifida

A congenital defect in the spine in which part of the spinal cord and its meninges are exposed through a gap in the backbone.

Structural Malformation

A defect or abnormality in the structure of an organ or part of the body, often present from birth.

Spinal Tissues

The various types of tissues, including muscles, nerves, and skeletal structures, that make up or are associated with the spine.