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q6 A company started the year with $35,666 in supplies. During the year, it purchased $121,388 in supplies and these were charged to the supplies
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A company started the year with $35,666 in supplies. During the year, it purchased $121,388 in supplies and these were charged to the supplies expense account. At year-end, there was $20,864 in supplies remaining. The year-end adjusting entry will include a credit to the supplies inventory account of:
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