17.

The Company's Office Supplies account had a beginning balance of $16,000. During the month, purchases of office supplies totaling $4,000 were debited to the Office Supplies account. If $6,000 worth of office supplies is still on hand at month-end, what is the proper adjusting entry?

Select one:

a. A)Office Supplies14,000

Office Supplies Expense14,000

b. A)Office Supplies Expense6,000

Office Supplies6,000

c. A)Office Supplies Expense14,000

Office Supplies14,000

d. A)Office Supplies6,000

Office Supplies Expense6,000.

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Question 30 Generally accepted accounting principles are: οοοο ο Guides to action that apply primarily to the process of managerial accounting. Accounting standards enforced by the Internal Revenue Service. Accounting standards that never change. Guides to action that apply primarily to the process of financial accounting. None of the above 3 pts Question 30 Generally accepted accounting principles are: οοοο ο Guides to action that apply primarily to the process of managerial accounting. Accounting standards enforced by the Internal Revenue Service. Accounting standards that never change. Guides to action that apply primarily to the process of financial accounting. None of the above 3 pts

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