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Q 1 . After adjusting entries have been recorded, select which statements are true regarding supplies. ( Select all that apply. ) Multiple select question.
Q After adjusting entries have been recorded, select which statements are true regarding supplies. Select all that apply.
Multiple select question.
a Supplies expense on the income statement reports the amount of supplies used during the accounting period.
b Supplies expense on the balance sheet reports the amount of supplies used during the accounting period.
c Supplies on the balance sheet reports the amount of supplies on hand at the end of the accounting period.
d Supplies on the income statement reports the amount of supplies on hand at the end of the accounting period.
eSupplies expense on the income statement reports the amount of paid for supplies during the accounting period.
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