Whispering Winds Corp. has an opening balance in its supplies account of $2210 and purchases $2760...

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Whispering Winds Corp. has an opening balance in its supplies account of $2210 and purchases $2760 of supplies during the year. A year-end physical count shows $2580 in supplies inventory. Which is the appropriate journal entry at year end? O Dr Supplies Expense $2390 Cr Supplies $2390 O Dr Supplies $2760 Cr Cash $2760 O Dr Supplies $2390 Cr Supplies Expense $2390 O Dr Supplies Expense $2580 Cr Supplies $2580 Whispering Winds Corp. has an opening balance in its supplies account of $2210 and purchases $2760 of supplies during the year. A year-end physical count shows $2580 in supplies inventory. Which is the appropriate journal entry at year end? O Dr Supplies Expense $2390 Cr Supplies $2390 O Dr Supplies $2760 Cr Cash $2760 O Dr Supplies $2390 Cr Supplies Expense $2390 O Dr Supplies Expense $2580 Cr Supplies $2580

Answer rating: 100% (QA)

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