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What Is the Correct Adjusting Entry at June 30,the End

question 19

Short Answer

What is the correct adjusting entry at June 30,the end of the financial year,based on a supplies account balance,before adjustment,of $5200,and supplies inventory,on June 30,of $1200?
A. DR Supplies $1200 CR Supplies expense $1200B. DR Supplies expense $1200 CR Supplies $1200C. DR Supplies expense $4000 CR Supplies $4000D. DR Supplies $4000 CR Supplies expense $4000\begin{array}{llll}A.\text { DR Supplies } & \$ 1200 & \text { CR Supplies expense } & \$ 1200 \\B.\text { DR Supplies expense } & \$ 1200 & \text { CR Supplies } & \$ 1200 \\C.\text { DR Supplies expense } & \$ 4000 & \text { CR Supplies } & \$ 4000 \\D.\text { DR Supplies } & \$ 4000 & \text { CR Supplies expense } & \$ 4000\end{array}


Definitions:

Secondary Xylem

The part of a plant that contributes to the growth in thickness of the stem and roots, primarily responsible for water transport and support.

Vascular Cambium

A layer of plant tissue that produces new transport cells, contributing to stem and root growth.

Indeterminate Growth

Unrestricted growth, as for example, in stems and roots. Compare with determinate growth.

Leaves

The flattened structures in plants and trees that are typically green and function primarily for photosynthesis, capturing light energy to convert carbon dioxide and water into sugars.

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