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1. Mera Company purchased office supplies costing $6,000 and debited Supplies for the full amount. At the end of the accounting period, a physical count

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1. Mera Company purchased office supplies costing $6,000 and debited Supplies for the full amount. At the end of the accounting period, a physical count of supplies revealed $5,200 still on hand. The appropriate adjusting journal entry to be made at the end of the period would be (3 Points) O Debit Supplies, $10,800; Credit Supplies Expense, $10,800 Debit Supplies, $5,200; Credit Supplies Expense, $5,200 Debit Supplies Expense, $5,200; Credit Supplies, $5,200 Debit Supplies Expense, $800; Credit Supplies, $800

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