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Question: 2 Record Adjusting Journal Entries (5-marks) a) On January 3, 2015, $6,500 of supplies were purchased and recorded as an asset. A count revealed

Question: 2 Record Adjusting Journal Entries (5-marks) a) On January 3, 2015, $6,500 of supplies were purchased and recorded as an asset. A count revealed $500 still on hand at December 31, 2015. b) S...

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