The Following Adjusting Journal Entry Does Not Include an Explanation

question 109

Multiple Choice

The following adjusting journal entry does not include an explanation.Select the best explanation for the entry.

• A)Adjust supplies inventory to actual.
• B)Record purchase of supplies.
• C)Reduce supplies expense.
• D)Record sale of supplies.

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Definitions:

Social Media

Platforms and websites that enable users to create and share content or to participate in social networking, including Facebook, Twitter, Instagram, etc.

Consumers

Individuals or groups that use or consume goods and services generated within the economy.

Marketers

Professionals or organizations that promote, sell, and distribute products or services to consumers, focusing on creating and satisfying customer needs.

Product Information

Detailed data and specifications about a product, including its features, benefits, usage instructions, and manufacturing details.