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Bramble Corp. has an opening balance in its supplies account of $2350 and purchases $2940 of supplies during the year. A year-end physical count
Bramble Corp. has an opening balance in its supplies account of $2350 and purchases $2940 of supplies during the year. A year-end physical count shows $2740 in supplies inventory. Which is the appropriate journal entry at year end? O Dr Supplies $2940 Cr Cash $2940 O Dr Supplies $2550 Cr Supplies Expense $2550 Dr Supplies Expense $2550 Cr Supplies $2550 O Dr Supplies Expense $2740 Cr Supplies $2740
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