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Business, 16.01.2020 17:31 kaytonleeb

The store supplies account had a $360 debit balance at the end of the accounting period before adjustment for supplies used, and an inventory of $80 worth of unused supplies were on hand. which of the following is the required adjusting entry?
a. debit store supplies $280 and credit store supplies expense $280.
b. debit store supplies expense $280 and credit store supplies $280.
c. debit store supplies $80 and credit store supplies expense $80.
d. debit store supplies expense $80 and credit store supplies $80.

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