Question
ABC Company had a beginning inventory of office supplies of $25,000 on 1-1-18. They purchased another $80,000 in office supplies during 2018. As of 12-31-18,
ABC Company had a beginning inventory of office supplies of $25,000 on 1-1-18. They purchased another $80,000 in office supplies during 2018. As of 12-31-18, ABC Company has a $40,000 balance in office supplies. What is the adjusting entry on 12-31-18?
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Between The Lines Of The Balance Sheet The Plain Mans Guide To Published Accounts
Authors: Michael Greener
2nd Edition
0080240712, 9780080240718
