Details, Inc., purchased supplies for $1,300 during 20X6. At year-end Details had $800 of supplies left. The

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Details, Inc., purchased supplies for $1,300 during 20X6. At year-end Details had $800 of supplies left. The adjusting entry should

a. debit Supplies $800.

b. credit Supplies $800.

c. debit Supplies $500.

d. debit Supplies Expense $500.

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Related Book For  book-img-for-question

Financial Accounting International Financial Reporting Standards

ISBN: 9780273777809

1st Global Edition

Authors: Walter T Harrison, Charles Horngren, Bill Thomas, Themin Suwardy

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