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On January 1, 2025, Sandhill Industries properly reported $360000 of Supplies Inventory. In 2025, Sandhill purchased $1510000 of supplies. December 31, 2025, Sandhill neglected to
On January 1, 2025, Sandhill Industries properly reported $360000 of Supplies Inventory. In 2025, Sandhill purchased $1510000 of supplies. December 31, 2025, Sandhill neglected to adjust the Supplies Inventory. Supplies on hand totaled $1435000. What should have been reported for Supplies Expense in 2025? $1040000 $435000 O $605000 $360000
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