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C. The Office Supplies account had a $600 debit balance on January 1, 2011; $5,360 of office supplies were purchased during the year; and the

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C. The Office Supplies account had a $600 debit balance on January 1, 2011; $5,360 of office supplies were purchased during the year; and the December31, 2011, count showed that $708 of supplies are on hand d. Two-thirds of the work for a $30,000 fee received in advance has now been performed

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