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The balance in the supplies account on June 1 was $5,000, supplies purchased during June were $3,000, and the supplies on hand at June 30 were $3,500. The amount to be used for the appropriate adjusting entry is O a. $11,500 O b. $4,000 O . $4,500 O d. $6,500

The balance in the supplies account on June 1 was $5,000, supplies purchased during June were $3,000, and the supplies on hand at June 30 were $3,500. The amount to be used for the appropriate adjusting entry is O a. $11,500 O b. $4,000 O . $4,500 O d. $6,500

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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q10)This multible choice question from ACCOUNTING PRINCIPLES I.just write for me the final answer.

10 The balance in the supplies account on June 1 was $5,000, supplies purchased during June were $3,000, and the supplies on hand at June 30 were $3,500. The amount to be used for the appropriate adjusting entry is O a. $11,500 O b. $4,000 O c. $4,500 O d. $6,500
Transcribed Image Text:10 The balance in the supplies account on June 1 was $5,000, supplies purchased during June were $3,000, and the supplies on hand at June 30 were $3,500. The amount to be used for the appropriate adjusting entry is O a. $11,500 O b. $4,000 O c. $4,500 O d. $6,500
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