What supplies are best for realistic drawings?

Quirk Company purchased office supplies costing $6,000 and debited Office Supplies for the full amount. At the?

• end of the accounting period, a physical count of office supplies revealed $2,400 still on hand. The appropriate adjusting journal entry to be made at the end of the period would be a) Debit Office Supplies Expense, $2,400; Credit Office Supplies, $2,400. b) Debit Office Supplies, $3,600; Credit Office Supplies Expense, $3,600. c) Debit Office Supplies, $2,400; Credit Office Supplies Expense, $2,400. d) Debit Office Supplies Expense, $3,600; Credit Office Supplies, $3,600.

• Answer:

  I would think a} would be correct but have not studied accounting for many years. They had already debited office supplies for the total. Why would you debit the same account again?