At the Beginning of the Fiscal Year,office Supplies Inventory Amounted

question 35

Multiple Choice

At the beginning of the fiscal year,office supplies inventory amounted to $600.During the year,office supplies amounting to $8,800 were purchased.This amount was debited to office supplies expense.An inventory of office supplies at the end of the fiscal year showed $400 of supplies remaining.The beginning of the year balance is still reflected in the office supplies inventory account.What is the required amount of the adjustment to the office supplies expense account?

• A) $9,000 debit
• B) $200 debit
• C) $8,400 credit
• D) $8,800 credit

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Definitions:

Leo Kanner

A psychiatrist known for his work in child psychiatry, notably for first describing autism in the 1940s.

ADHD

Attention Deficit Hyperactivity Disorder; a neurodevelopmental disorder characterized by inattention, hyperactivity, and impulsivity.

Behavioral Therapy

A type of psychotherapy that aims to modify harmful behaviors through conditioning and learning strategies.

Attention-Deficit/Hyperactivity Disorder

A neurodevelopmental disorder characterized by patterns of inattention and/or hyperactivity-impulsivity that interfere with functioning or development.