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16) On June 1, during its first month of operations, Mathis Spa purchased supplies for $4,300 and debited the supplies account for that amount. At

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16) On June 1, during its first month of operations, Mathis Spa purchased supplies for $4,300 and debited the supplies account for that amount. At June 30, an inventory of supplies showed $1,000 of supplies on hand. What adjusting journal entry should be made for June

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