Reference no: EM131816329

The trial balance for Greenway Corporation appears as follows: Greenway Corporation Trial Balance December 31, 2017 Cash $ 300 Accounts Receivable 522 Prepaid Insurance 82 Supplies 180 Equipment 4,000 Accumulated Depreciation, Equipment $ 600 Accounts Payable 384 Common Stock 1,200 Retained Earnings 1,400 Service Revenue 3,000 Salaries and Wages Expense 1,000 Rent Expense 500 ___ $6,584 $6,584 If, on December 31, 2017, supplies on hand were $40, the adjusting entry would contain a: A. credit to Supplies Expense for $140. B. credit to Supplies for $40. C. debit to Supplies for $40. D. debit to Supplies Expense for $140.