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Brother Guy Inc. bought supplies costing $4250 and debited Supplies (asset) for the full amount. At the end of the accounting period, a count of

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Brother Guy Inc. bought supplies costing $4250 and debited Supplies (asset) for the full amount. At the end of the accounting period, a count of the physical supplies revealed $1,200 still on hand. Accordingly, the appropriate adjusting journal entry to be made at the end of the period would be: Select one O debit Supplies Expense $1,200, credit Supplies, 51,200 ob debit Supplies, $4,250, credit Supplies Expense, $4,250 c. debit Supplies Expense $3,050 credit Supplies, $3,050 Od debit Supplies $1.200 credit Supplies Expense, $1,200

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