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Question 8 10 pts Identify the appropriate adjusting journal entry for the following transaction: Voss Inc. purchased $200 of supplies during the current year.
Question 8 10 pts Identify the appropriate adjusting journal entry for the following transaction: Voss Inc. purchased $200 of supplies during the current year. The balance of supplies at the beginning of the year was $300, and a physical count at the end of the year yielded an ending balance of $50. O Debit: supplies expense $450 Credit: supplies $450 O Debit supplies $200 Credit: cash $200 O Debit: supplies expense $50 Credit: supplies O Debit: supplies $450 $50 Credit: supplies expense $450
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