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On August 1, Rivera Company purchased $1, 900 of a supplies on account. On August 1, Rivera Company debited Supplies Expense, which is an alternate

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On August 1, Rivera Company purchased $1, 900 of a supplies on account. On August 1, Rivera Company debited Supplies Expense, which is an alternate way of recording the initial expenditure. By the end of the calendar year, $20 of supplies was used. Required: Journalize the adjusting entry on December 31

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