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At the end of the month, the balance in the Supplies on hand account was $525. However, supplies in the supply closet only totaled
At the end of the month, the balance in the Supplies on hand account was $525. However, supplies in the supply closet only totaled $450. Prepare the adjusting journal entry needed at the end of the month. If no entry is required, select No Debit or No Credit in the account fields. Account Debit Credit
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Fundamentals of Financial Accounting
Authors: Fred Phillips, Robert Libby, Patricia Libby
5th edition
78025915, 978-1259115400, 1259115402, 978-0078025914
