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ASAP PLZZ Wildhorse Co. purchased office supplies costing 57560 and debited Supplies for the full amount. At the end of the accounting period, a physical

ASAP PLZZ
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Wildhorse Co. purchased office supplies costing 57560 and debited Supplies for the full amount. At the end of the accounting period, a physical count of office supplies revealed $2700 still on hand. The appropriate adjusting journal entry to be made at the end of the period would be: O debit Supplies. $2700: credit Supplies Expense. $2700 O debit Supplies Experise, $4860, credit Supplies, $4860 O debit Supplies Expense. $2700: credit Supplies, $2700 O debit Supplies, $4860;credit Supplies Expense, $4860

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