A Purchase of $1,600 of Supplies for Cash Was Incorrectly

question 34

Multiple Choice

A purchase of $1,600 of supplies for cash was incorrectly journalized and posted as a $1,600 debit to Supplies Expense and a $1,600 credit to cash. The entry to correct this error is

• A) A $1,600 debit to Supplies on Hand and a $1,600 credit to Cash
• B) A $1,600 debit to Supplies on Hand and a $1,600 credit to Supplies Expense
• C) A $1,600 debit to Cash and a $1,600 credit to Supplies on Hand
• D) A $1,600 debit to Accounts Receivable and a $1,600 credit to Supplies on Hand

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Definitions:

Anorexia Nervosa

A serious mental health disorder characterized by an individual's refusal to maintain a healthy body weight, an intense fear of gaining weight, and a distorted body image.

Terrified

A state of intense fear or anxiety, often resulting from exposure to perceived threats or danger.

Starves

The condition of suffering or dying from a lack of food.

Bipolar Disorder

A psychiatric disorder characterized by extreme mood swings, including manic (high) and depressive (low) episodes, affecting a person's energy, activity levels, and ability to carry out day-to-day tasks.