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A company started the year with $200 of supplies. During the year, the company purchased an additional $1,400 of supplies. There were $600 of
A company started the year with $200 of supplies. During the year, the company purchased an additional $1,400 of supplies. There were $600 of supplies on hand at the end of the year. An adjusting entry prepared at the end of the accounting period includes a: debit to Supplies Expense for $400. debit to Supplies Expense for $1,000. O debit to Supplies for $600. debit to Supplies for $1,200.
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