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Question(s) / Instruction(s):

Andrew Antiques showed store supplies available during the year of $400. A count of the supplies on hand as of May 31 is $150. The adjusting entry for Store Supplies would include:

A)           A debit to Store Supplies for $150.

B)            A credit to Store Supplies Expense for $150.

C)            A debit to Store Supplies Expense for $250.

D)           A credit to Store Supplies Expense for $250.

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