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AAA Corporation has the following trial balance (unadjusted on December 31, 2019: Cash $36,575 Accounts receivable 8,902 Prepaid insurance 20,389 Prepaid rent 28,600 Supplies 9,312

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AAA Corporation has the following trial balance (unadjusted on December 31, 2019: Cash $36,575 Accounts receivable 8,902 Prepaid insurance 20,389 Prepaid rent 28,600 Supplies 9,312 Building 270,000 Accumulated Depreciation $70,000 Accounts payable 40,300 Unearned service revenue 76,210 Common Stock 176,428 Retained earnings 10,840 On December 31, a physical count showed $3,000 of supplies remained. Which of the following is the adjusting entry required on December 31, 2019? Debit $6,312 to Supplies Expense, credit $6,312 to Cash Debit $6,312 to Supplies Expense, credit $6,312 to Accounts Payable Debit $6,312 to Supplies, credit $6,312 to Supplies Expense Debit $6,312 to Supplies Expense, credit $6,312 to Supplies

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