The supplies account had a beginning balance of ($ 1,245) and was debited for ($ 2,860) for
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The supplies account had a beginning balance of \(\$ 1,245\) and was debited for \(\$ 2,860\) for supplies purchased during the year. Journalize the adjusting entry required at the end of the year assuming the amount of supplies on hand is \(\$ 1,349\).
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Financial Accounting
ISBN: 9780324380675
10th Edition
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
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