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a. The Supplies account has a $660 debit balance to start the year. No supplies were purchased during the current year. A December 31 physical

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a. The Supplies account has a $660 debit balance to start the year. No supplies were purchased during the current year. A December 31 physical count shows $290 of supplies remaining. Supplies Step 1: Determine what the current account balance equals. 23:49 Step 2: Determine what the current account balance should equal ped Step 3: Record the December 31, adjusting entry to get from step 1 to step 2 ook b. The Supplies account has an $1,700 debit balance to start the year. Supplies of $3,900 were purchased during the current year and dobited to the Supplies account. A Decembur 31 physical count shows $1,100 of supplies remaining int Supplies Step 1: Determine what the current account balance equals Step 2: Determine what the current account balance should equal rences Step 3: Record the December 31, adjusting entry to get from step 1 to step 2 S5299 debit balance to start the year. During the current year, supplies of $13.000 1 tatales Step 2: Determine what the current account balance should equal. Step 3: Record the December 31. adjusting entry to get from step 1 to step 2. 5 c. The Supplies account has a $5,800 debit balance to start the year. During the current year, supplies of $13,000 were purchased and debited to the Supplies account. The inventory of supplies available at December 31 totaled $3,740 Supplies Step 1: Determine what the current account balance equals. Step 2: Determine what the current account balance should equal. Step 3: Record the December 31, adjusting entry to get from step 1 to step 2. es

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