The Trial Balance for Greenway Corporation Appears as Follows

question 46

Multiple Choice

The trial balance for Greenway Corporation appears as follows: If, on December 31, 2022, supplies on hand were $40, the adjusting entry would contain a:

• A)debit to Supplies for $40.
• B)credit to Supplies for $40.
• C)debit to Supplies Expense for $140.
• D)credit to Supplies Expense for $140.

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Definitions:

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