The balance in the supplies account, before adjustment at the end of the year is $725. The proper adjusting entry if the amount of supplies on hand at the end of the year is $300 would be

A) debit Cash $300, credit Supplies $300
B) debit Supplies Expense $425, credit Supplies $425
C) debit Supplies Expense $300, credit Supplies $300
D) debit Supplies $425, credit Supplies Expense $425


B

Business

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