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Assume the unadjusted trial balance shows $1,000 of supplies and a recent count of the supplies indicates $600 on hand. The adjusting journal entry would

Assume the unadjusted trial balance shows $1,000 of supplies and a recent count of the supplies indicates $600 on hand. The adjusting journal entry would include (choose two accounts and one amount)

Dr. Supplies expense

Cr. Supplies expense

Dr. Supplies revenue

Cr. Supplies revenue

Dr. Supplies

Cr. Supplies

$400

$600

$1,000

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