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Organic Market, a grocery store, purchased supplies for $12,000 cash on July 1, 2020. As of December 31, 2020, $7,000 had been used and

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Organic Market, a grocery store, purchased supplies for $12,000 cash on July 1, 2020. As of December 31, 2020, $7,000 had been used and $5,000 of supplies had not been used. Organic Market prepares financial statements on an annual basis and has a December 31 year end. Question 1 (1 point) Listen Record the journal entry on July 1, 2020. (Do not use commas for dollar amounts) Dr. A $ PJ Cr. A SA

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