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7. A restaurant had $1,000 of cleaning supplies on hand at the beginning of the accounting period. A physical inventory count showed $200 of cleaning
7. A restaurant had $1,000 of cleaning supplies on hand at the beginning of the accounting period. A physical inventory count showed $200 of cleaning supplies on hand at the end of the period. The adjusting entry for supplies inventory at the end of the period would be: E. Supplies Expense $1,000 DR Supplies Inventory CR $1,000 F. Supplies Expense $800 DR Supplies Inventory CR $500 G. Supplies Inventory $200 DR Supplies Expense CR $200 H. Supplies Expense $800 DR Supplies Inventory CR $800 I. Supplies Inventory $500 DR Supplies Expense CR $500
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