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Bentley Corp started the year with $13,000 in supplies. During the year, Bentley purchased another $20,000 in supplies. On December 31, the last day of
Bentley Corp started the year with $13,000 in supplies. During the year, Bentley purchased another $20,000 in supplies. On December 31, the last day of the fiscal year, Bentley determined that $22,000 in supplies were remaining. What is the correct, adjusting journal entry for December 31? [Drawing a t-account might help DEBIT CREDIT 13.000 Supplies Supplies expense 11,000 O DEBIT CREDIT 13.000 Supplies Supplies expense 2,000 DEBIT CREDIT 11,000 Supplies expense Supplies 11,000 DEBIT CREDIT 11,000 Supplies Supplies expense 11,000
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