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A tabular summary of transactions for Whispering Winds Corp. before adjustments includes the following selected account information. Assets = Liabilities + Stockholders' Equity Supplies
A tabular summary of transactions for Whispering Winds Corp. before adjustments includes the following selected account information. Assets = Liabilities + Stockholders' Equity Supplies Com. Stock + Rev. Exp. (Supplies) - Div. Bal 8.624 On December 31, there is $1.078 of supplies on hand. Record the adjustment for supplies in the tabular summary and indicate the adjusted balance in each account. If a transaction results in a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.) Assets Supplies Liabilities Com Stock Rev Stockh
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