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he supplies and supplies expense accounts at December 31, after adjusting entries have been posted at the end of the first year of operations, are
he supplies and supplies expense accounts at December 31, after adjusting entries have been posted at the end of the first year of operations, are shown in the following T accounts:
Supplies | Supplies Expense | |||||||
---|---|---|---|---|---|---|---|---|
Bal. | 2,550 | Bal. | 7,120 | |||||
Determine the amount of supplies purchased during the year. $
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