Clean Sweep,Inc

question 208

Multiple Choice

Clean Sweep,Inc.started the month of June with $800 worth of cleaning supplies.During the month,Clean Sweep purchased $300 of supplies for cash.At June 30,$200 worth of supplies was unused.How will the company report its unused supplies on June 30?

• A)$200 of unused supplies will appear as an expense on the income statement.
• B)$900 of unused supplies will appear as an expense on the income statement.
• C)$200 of unused supplies will appear as an asset on the balance sheet.
• D)$900 of unused supplies will appear as an asset on the balance sheet.

---

Definitions:

Confining Pressure

A type of pressure applied equally in all directions on a body of rock, often affecting its physical state.

Tension

the force that pulls geological materials apart, often causing stretching and thinning.

Shear

The force or stress that causes materials or layers to slide past one another, often leading to deformation or structural failure.

Confining Pressure

The pressure exerted uniformly on a rock body from all directions, which can affect the rock's physical properties and behavior.