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Business, 25.03.2020 23:31 lcaulkett27

The supplies account had a beginning balance of $1,750. Supplies purchased during the period totaled $3,500. At the end of the period before adjustment, $350 of supplies was on hand. Required: Prepare the adjusting entry for supplies on December 31. Refer to the Chart of Accounts for exact wording of account titles.

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The supplies account had a beginning balance of $1,750. Supplies purchased during the period totaled...
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