Question
A company recently completed a physical count of office supplies at year-end. The inventory count recorded $5,800 supplies on hand at year. Before the inventory
A company recently completed a physical count of office supplies at year-end. The inventory count recorded $5,800 supplies on hand at year. Before the inventory count, the unadjusted trial balance showed the following balance:
Office supplies $7,200 (Dr)
What is the required adjusting journal entry?
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Advanced Accounting
Authors: Joe Hoyle, Thomas Schaefer, Timothy Doupnik
10th edition
0-07-794127-6, 978-0-07-79412, 978-0077431808
