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At the beginning of December, Coastal Corporation had $1,300 in supplies on hand. During the month, supplies purchased amounted to $3,300, but by the end
At the beginning of December, Coastal Corporation had $1,300 in supplies on hand. During the month, supplies purchased amounted to $3,300, but by the end of the month the supplies balance was only $1,700. What is the appropriate month-end adjusting entry?
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