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Business, 30.03.2020 22:36 robert7248

On June 1, during its first month of operations, Mathis Spa purchased supplies for $4,500 and debited the supplies account for that amount. At June 30, an inventory of supplies showed $1,000 of supplies on hand. What adjusting journal entry should be made for June?

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On June 1, during its first month of operations, Mathis Spa purchased supplies for $4,500 and debite...
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