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Blue Spruce Corp. purchased $ 9 8 6 0 worth of laundry supplies on June 2 and recorded the purchase as an asset. On June
Blue Spruce Corp. purchased $ worth of laundry supplies on June and recorded the purchase as an asset. On June an inventory of the laundry supplies indicated only $ on hand. The adjusting entry that should be made by the company on June is
debit Supplies Expense, $; credit Supplies, $
debit Supplies Expense, $; credit Supplies, $
debit Supplies, $; credit Supplies Expense, $
debit Supplies, $; credit Supplies Expense, $
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