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Griffin Inc. purchased supplies costing $4,250 and debited Supplies for the full amount. At the end of the accounting period, a physical count of supplies
Griffin Inc. purchased supplies costing $4,250 and debited Supplies for the full amount. At the end of the accounting period, a physical count of supplies revealed $2,100 still on hand. The appropriate adjusting entry to be made at the end of the period would be Question 11Select one: A. debit Supplies Expense, $2,100; credit Supplies, $2,100. B. debit Supplies Expense, $2,150; credit Supplies, $2,150. C. debit Supplies, $4,250; credit Supplies Expense, $4,250. D. debit Supplies, $2,100; credit Supplies Expense, $2,100
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