Supplies were purchased for cash on May 2, 1999, for $8,000. Show how this purchase would be

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Supplies were purchased for cash on May 2, 1999, for $8,000. Show how this purchase would be recorded. Then show the adjusting entry that would be necessary, assuming that $2,500 of the supplies remained at the end of the year.  pg74

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Accounting A Business Perspective

ISBN: 9780075615859

7th Edition

Authors: Roger H. Hermanson, James Don Edwards, Michael W. Maher

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