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The balance in our office supplies account on January 1 was $10,000. On January 31...

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Accounting

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The balance in our office supplies account on January 1 was $10,000. On January 31 , our supplies on hand totaled $2,000. What account and amount would we credit when we record the adjusting entry for affice supplies on January 31 ? ofthce supplies expense, $2,000 otfice supplies, $2,000 otfice supplies, $8,000 office supplies expense, $8,000 Question 13 1pts Annual depreciation on equipment amounted to $27.950 for the current year. What account would we credit when we record this adjusting entry in the general journal? depreciation expense cesipment accumulated depreciation, equipment

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