153. Sebadoah is a barber who does his own accounting for his shop. When he buys supplies he routinely debits Supplies Expense. Sebadoah purchased $1,500 of supplies in January and his inventory at the end of January shows $300 of supplies remaining. What adjusting entry should Sebadoah make on January 31? a. Supplies Expense 300
Supplies 300
b. Supplies Expense 1,500
Cash 1,500
c. Supplies.. 300
Supplies Expense 300
d. Supplies Expense. 1,200
Supplies 1,200
Correct Answer:
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