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At the beginning of May, Golden Gopher Company reports a balance in Supplies of $380. On May 15, Golden Gopher purchases an additional $2,100 of
At the beginning of May, Golden Gopher Company reports a balance in Supplies of $380. On May 15, Golden Gopher purchases an additional $2,100 of supplies for cash. By the end of May, only $180 of supplies remains. Required: 1.&2. Record the necessary entries in the Journal Entry Worksheet below. 3. Calculate the balances after adjustment on May 31 of Supplies and Supplies Expense. Complete this question by entering your answers in the tabs below. Required 1 and 2 Required 3 Record the necessary entries in the Journal Entry Worksheet below. (If no entry is required for a particular transaction/event, select Required" in the first account field.) View transaction list Journal entry worksheet Record the purchase of supplies. Note: Enter debits before credits Date General Journal Debit Credit May 15 Record entry Clear entry View general journal (Required 1 and 2 Required 3 >
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