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10 Dale Murphy, Inc, has a June 1, 2005 balance of office supplies of $400. During June, the company purchased $800 more of the office
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Dale Murphy, Inc, has a June 1, 2005 balance of office supplies of $400. During June, the company purchased $800 more of the office supplies. On June 30,2005 the supplies were counted and it was determined that $600 of office supplies were left unused. What should the June 30,2005 balance sheet report? Office Supplies $600. Supplies Expense $1,200. Office Supplies $800. Supplies expense of $600 Step by Step Solution
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