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Question(s) / Instruction(s):

Al is a barber who does his own accounting for his shop. When he buys supplies he routinely debits Supplies Expense. Al purchased $1,500 of supplies in January and his inventory at the end of January shows $400 of supplies remaining. What adjusting entry should Al make on January 31? A. Supplies Expense 1,500 Cash 1,500 B. Supplies Expense 400 Supplies 400 C. Supplies 400 Supplies Expense 400 D. Supplies Expense 1,100 Supplies 1,100

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