Exam IIA-CIA-Part3-3P Topic 4 Question 481 Discussion

Actual exam question for IIA's IIA-CIA-Part3-3P exam
Question #: 481
Topic #: 4
An organization's account for office supplies on hand had a balance of S9,000 at the end of year one. During year two. the organization recorded an expense of $45,000 for purchasing office supplies. At the end of year two. a physical count determined that the organization has $11,500 in office supplies on hand. Based on this information, what would be recorded in the adjusting entry at the end of year two?

Suggested Answer: B Vote an answer

by Beacher at Sep 23, 2025, 01:59 AM

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