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da boltb4%22e/question/ tice: Chapter 3 Question 1 of 5 -74 II! View Policies Current Attempt in Progress White Laundry Company purchased $6,500 worth of supplies
da boltb4%22e/question/ tice: Chapter 3 Question 1 of 5 -74 II! View Policies Current Attempt in Progress White Laundry Company purchased $6,500 worth of supplies on June 2 and recorded the purchase as an asset. On June 30, an inventory of the supplies indicated only $3,000 on hand. It is the company's first period of operations. The adjusting entry that should be made by the company on June 30 is Debit Supplies, $3,500: Credit Supplies Expense, $3.500, O Debit Supplies Expense, $3.000; Credit Supplies. $3,000. O Debit Supplies. $3,000; Credit Supplies Expense, $3,000. O Debit Supplies Expense, $3,500; Credit Supplies, $3.500. e Textbook and Media Attempts: 0 of 3 used Sunt Save for later 73F A D 415 PM 10/20/20 11 search
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