The Youngstown Company recorded the following adjustment in general journal format:Supplies Expense500 Supplies 500Which of the following choices accurately reflects how this event would affect the company's financial statements? Asset=Liab.+Stk.EquityRev.-Exp.=Net Inc.Stmt ofCash FlowsA.+=++NA+-NA=++OAB.-=NA+-NA-+=--OAC.-=NA+---NA=-+OAD.-=NA+-NA-+=-NA
A. Option A
B. Option B
C. Option C
D. Option D
Answer: D
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