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On November 1, Carley Equipment had a beginning balance in the Office Supplies account of $600. During the month, Carley purchased $1,700 of office supplies.
On November 1, Carley Equipment had a beginning balance in the Office Supplies account of $600. During the month, Carley purchased $1,700 of office supplies. At November 30, Carley Equipment had $200 of office supplies on hand. Read the requirements Nov 1 600 Nov. purchases 1,700 Requirement 2. Record the adjusting entry required at November 30. (Recond debits first, then credits. Select the explanation on the last line of the journal entry table) Accounts and Explanation Date: Nov 301 Supplies Expense Office Supplies Debit Credit 2,100 2.100 To record office supples used Requirement 3. Post the adjusting entry to the two accounts involved and show their balances at November 30. Select the account name of the other account affected by the Office Supplies adjustment. Post the adjustment to the two accounts using a "Nov. 30" posting reference, and then calculate and enter the ending balance of the accounts using a "Bal" posting reference Office Supplies Nov. 1 600 1700 Nov. 30 Nov. purchases 1,700 Nov. 30 OV. 1 Ov. pur 600 quirer Date v. 30 quiren ect the then Requirements 1. The Office Supplies T-account has been opened for you. Enter the beginning balance and purchase of office supplies. 2. Record the adjusting entry required at November 30. 3. Post the adjusting entry to the two accounts involved, and show their balances at November 30. Office Supplies Print Done - X explanation on the la he two accounts usin
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