Alpine Ski Shops Office Supplies balance on September 1 is $1,200 and the balance in Office Supplies
Question:
Alpine Ski Shop’s Office Supplies balance on September 1 is $1,200 and the balance in Office Supplies Expense is $0. On September 30, there is $500 of supplies on hand. Journalize and post the adjusting entry on September 30 for the supplies used. Compute the balances of the two accounts involved.
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Mehwish Aziz
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Related Book For 
Financial Accounting
ISBN: 978-0132889711
1st Canadian Edition
Authors: Jeffrey Waybright, Liang Hsuan Chen, Rhonda Pyper
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