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At the beginning of the month, supplies were $4,000. During the month, $6,500 of supplies were purchased. At month's end, $1,000 of supplies are still

At the beginning of the month, supplies were $4,000. During the month, $6,500 of supplies were purchased. At month's end, $1,000 of supplies are still on hand. What is the adjusting entry? ending balance in the Supplies account? Question content area bottom Part 1 First, prepare the adjusting journal entry for Supplies. (Record debits first, then credits. Exclude explanations from any journal entries. Journal Entry Date Accounts Debit Credit Supplies 6500

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