4 years ago

Supplies should be and supplies expense should be for supplies used up during the period.

1 answer:

3 0

The answer to the question above is "Supplies should be credited and supplies expense should be debited for supplies used up during the period" based on the adjusting journal entries principle. This entry is the adjusting journal entries for recording supplies usage of a company<span>. Supplies is an asset account. Supplies expense is an expense account.</span>

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Supplies should be ______ and supplies expense should be ______ for supplies used up during the period.

Supplies should be and supplies expense should be for supplies used up during the period.