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At the beginning of 2015, the City of Fairview reported an Unassigned Fund Balance of $602,000 and a supplies inventory balance of $188,000. During the

At the beginning of 2015, the City of Fairview reported an Unassigned Fund Balance of $602,000 and a supplies inventory balance of $188,000. During the year, Fairview purchased $238,000 in supplies and used supplies of $231,000. The city reports inventory amounts of Fund BalanceNonspendable. -Prepare the necessary journal entries under the purchases method.

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