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What amount of the adjusting journal entry on december is

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On February 1, 2019, KA Company paid $8,000 for supplies and debited a temporary account. At the end of the year (December 31), there was $2,000 of supplies on-hand. KA Company adjusts its books on December 31 each year.

Question 1. The journal entry on February 1, 2019 would include a debit to which account?

a. Accounts Receivable

b. Cash

c. Supplies

d. Supplies Expense

e. Retained Earnings

Question 2. The adjusting journal entry on December 31 2019 would include a debit to which account?

a. Accounts Receivable

b. Cash

c. Supplies

d. Supplies Expense

e. Retained Earnings

Question 3. The adjusting journal entry on December 31 2019 would include a credit to which account?

a. Accounts Receivable

b. Cash

c. Supplies

d. Supplies Expense

e. Retained Earnings

Question 4. The amount of the adjusting journal entry on December 31 2019 is

Reference no: EM132689397

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