Answer:
The amount that will appear for Supplies in the Adjustments section of the end-of-period spreadsheet is $1,500.
Explanation:
Given:
Supplies had a beginning balance of $4,000. A physical count at the end of the accounting period revealed $2,500 supplies on hand.
Now, to find the amount that will appear for Supplies in the Adjustments section of the end-of-period spreadsheet.
As, given in the question:
Beginning balance of Supplies = $4,000.
Supplies on hand = $2,500.
So, to get the amount of adjustment Supplies on hand should be subtracted from the beginning balance of Supplies:
[tex]\$4,000-\$2,500\\\\=\$1,500.[/tex]
Therefore, the amount that will appear for Supplies in the Adjustments section of the end-of-period spreadsheet is $1,500.
