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On June 1, Campbell Company purchased $1,800 of supplies on account. On June 1, Campbell Company debited Supplies Expense, which is an alternate way of

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On June 1, Campbell Company purchased $1,800 of supplies on account. On June 1, Campbell Company debited Supplies Expense, which is an alternate way of recording the initial expenditure. By the end of the calendar year, $40 of supplies was used. Required: Journalize the adjusting entry on December 31

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