Chapter 4, Problem 4QY

Rainy Day Services had $430 of supplies reported on its unadjusted trial balance as of March 31. During the month of March, Rainy Day Services used $175 worth of supplies. What is the entry to adjust supplies?

1. a. Supplies Expense    175

Cash    175

1. b. Supplies    430

Supplies Expense    430

1. c. Supplies Expense    255

Supplies    255

1. d. Supplies Expense    175

Supplies    175