Business, 28.08.2019 03:00 jaliyahskt510

The office supplies account had a balance at the beginning of year 3 of $4,000 (before the reversing entry). payments for purchases of office supplies during year 3 amounted to $25,000 and were recorded as expense. a physical count at the end of year 3 revealed supplies costing $4,750 were on hand. reversing entries are used by this company. the required adjusting entry at the end of year 3 will include a debit to:
a. office supplies expense for $750.
b. office supplies for $750.
c. office supplies expense for $24,250.
d. office supplies for $4,750.

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The office supplies account had a balance at the beginning of year 3 of $4,000 (before the reversing...