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5. Explain how cash could be involved with an adjusting entry. 6. Depreciated for a period is $5,000. 7. $1,500 of work was done from

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5. Explain how cash could be involved with an adjusting entry. 6. Depreciated for a period is $5,000. 7. $1,500 of work was done from \#4 above by the end of June. 8. STU bought $5,000 of office supplies on account on 6/1. This was the first time the company purchased office supplies. 9. At the end of June, STU had $3,500 in office supplies. 10.What is the purpose of an adjusting entry? 5. Explain how cash could be involved with an adjusting entry. 6. Depreciated for a period is $5,000. 7. $1,500 of work was done from \#4 above by the end of June. 8. STU bought $5,000 of office supplies on account on 6/1. This was the first time the company purchased office supplies. 9. At the end of June, STU had $3,500 in office supplies. 10.What is the purpose of an adjusting entry

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