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NEW QUESTION: 1
A company purchased US $50,000 worth of office supplies on January 1st and had US $15,000 of office supplies still on hand at year-end. If the initial purchase of supplies entry on January 1st was to debit office supplies expense and to credit cash for US $50,000 the adjusting entry on December 31 will be:
A. Office supplies expense US $35,000 Office supplies US $35,000
B. Office supplies US $35,000 Office supplies dividends US $35,000
C. Office supplies dividends US $15,000 Office supplies US $15,000
D. Office supplies US $15,000 Office supplies dividends US $15,000
Answer: D
Explanation:
Because the initial entry recorded the entire purchase to a nominal account. the year-end adjusting entry must debit a prepaid asset to reflect the remaining supplies on hand of US $15.000. The adjusting entry must also credit reduce) expenses for the US $15.000 of supplies that were not used during the period.

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Which quantifiable item should you consider when your organization adopts new technologies?
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B. risk
C. exploits
D. vulnerability
Answer: B

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A company is using AWS CodeBuild to compile a website from source code stored in AWS CodeCommit. A recent change to the source code has resulted in the CodeBuild project being unable to successfully compile the website.
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C. Manually re-run the build process on a local machine so that the output can be visualized.
D. Modify the buildspec.yml file to include steps to send the output of build commands to Amazon CloudWatch.
Answer: D

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