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153 \quad \quad 300 \quad Supplies \quad \quad 300
B Supplies Expense \quad

question 30

Short Answer

153. Sebadoah is a barber who does his own accounting for his shop. When he buys supplies he routinely debits Supplies Expense. Sebadoah purchased $1,500 of supplies in January and his inventory at the end of January shows $300 of supplies remaining. What adjusting entry should Sebadoah make on January 31? a. Supplies Expense \quad\quad 300
\quad Supplies \quad\quad 300
b. Supplies Expense \quad\quad 1,500
\quad Cash \quad\quad 1,500
c. Supplies.. \quad\quad 300
\quad Supplies Expense \quad\quad 300
d. Supplies Expense. \quad\quad 1,200
\quad Supplies \quad\quad 1,200


Definitions:

Cyclohexanone

A six-membered cyclic ketone, used as a solvent and in the synthesis of nylon and other polymers.

1,2-Halohydrin

A compound containing a halogen and a hydroxyl group on adjacent carbon atoms, typically formed by the halogen addition to alkenes.

Epoxide

An organic compound containing an oxygen atom connected to two adjacent carbon atoms in a cyclic ether structure.

Electrophilic Addition

A type of chemical reaction where an electrophile forms a bond with a nucleophile by adding to a double or triple bond.

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