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Business, 19.03.2020 21:08 chem1014

Greese Company purchased office supplies costing $7000 and debited Supplies for the full amount. At the end of the accounting period, a physical count of office supplies revealed $2500 still on hand. The appropriate adjusting journal entry to be made at the end of the period would be:

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Greese Company purchased office supplies costing $7000 and debited Supplies for the full amount. At...
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