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On February 1, 2019, KA Company paid $8,000 for supplies and debited a temporaryaccount. At...

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Accounting

On February 1, 2019, KA Company paid $8,000 for supplies and debited a temporaryaccount. 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.

  1. The journal entry on February 1, 2019 would include a debitto which account?
    1. Accounts Receivable
    2. Cash
    3. Supplies
    4. Supplies Expense
    5. Retained Earnings

  1. Theadjustingjournal entry on December 31 2019would include a debitto which account?
    1. Accounts Receivable
    2. Cash
    3. Supplies
    4. Supplies Expense
    5. Retained Earnings

  1. Theadjustingjournal entry on December 31 2019would include a creditto which account?
    1. Accounts Receivable
    2. Cash
    3. Supplies
    4. Supplies Expense
    5. Retained Earnings

  1. The amount of the adjustingjournal entry on December 31 2019is:

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