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Question 11 4.75 pts Hair Product Services bought supplies in the amount of $1.500 on 11/28. As of 12/31, there were $1.000 of supplies remaining

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Question 11 4.75 pts Hair Product Services bought supplies in the amount of $1.500 on 11/28. As of 12/31, there were $1.000 of supplies remaining in inventory. What account is debited and what account is credited in the adjusting journal entry required on 12/31 before the financial statements are prepared? Select ALL that apply) Dehit Supplies Experne for $500 Credit Supplies Expense for $1.000 Debit Suoples Payable for $500 Credit Supplies Payable for $1.500 Debit Supplies for $1.000 Credit Supplies for $500 Debit Accounts Payable for $1.500 Credit Accounts Payable for $500 Debit Accounts Receivable for $1.500 Credit Accounts Receivable for $500

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