Question
On April 30, the Dussault Corporation performed a month-end inventory and counted office supplies valued at $1,425. On April 1, the balance in the Supplies
On April 30, the Dussault Corporation performed a month-end inventory and counted office supplies valued at $1,425. On April 1, the balance in the Supplies account was $750. Assuming that $2,900 of purchases for the month was posted to the Supplies account, what adjusting entry would Dussalt Corporation make on April 30?
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Financial Accounting
Authors: Charles T. Horngren, Jr. Harrison, Walter T.
2nd Edition
0133118207, 978-0133118209
