The adjusting entry for supplies used requires a to Supplies and a to Supplies Expense.

Understanding the Adjusting Entry

1. Analyzing the Situation: When supplies are used up during an accounting period, it's necessary to adjust the accounts to reflect the actual amount of supplies on hand and the expense incurred from using those supplies.

2. Identifying the Entry Components: The adjusting entry involves two main components:

   • A debit to Supplies Expense which recognizes the cost of supplies that have been utilized during the period.
   • A credit to Supplies which reduces the asset account to reflect the decrease in supplies on hand.

Final Answer

The adjusting entry for supplies used requires a debit to Supplies Expense and a credit to Supplies.