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a. Cost Expirations During 2000, G Ltd. purchases (for cash) supplies in the form of spare parts at a total cost of Rs.700. The company

a. Cost Expirations During 2000, G Ltd. purchases (for cash) supplies in the form of spare parts at a total cost of Rs.700. The company began the year with Rs.500 in the supplies account. On Dec 31, a count reveals that supplies in the amount of Rs.300 remain on hand. Periodic adjustment on December 31 Effect of omitting this journal entry?

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