When a company makes an end-of-period adjusting entry that includes a debit to supplies expense, the credit is usually made to:________

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When a company makes an end-of-period adjusting entry that includes a debit to supplies expense, the credit is usually made to: supplies

What is supplies?

Supplies refer to small items which are classified as assets and consumed on an ongoing basis, when they are newly bought there would a debit to supplies account in the balance sheet.

When consumed, the appropriate journal entry is to debit supplies expense in the income statement and a credit to supplies account that was initially debited when supplies were purchased

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