Question
Sandhills Co. general ledger showed $795 in the supplies account on January 1, 2021. On may 31, 2021 , the company paid $3150 for additional
Sandhills Co. general ledger showed $795 in the supplies account on January 1, 2021. On may 31, 2021 , the company paid $3150 for additional supplies. A count on December 31, 2021 showed $945 of supplies on hand.
prepare journal entries to record purchase of supplies on may 31, 2021.
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Managerial Accounting
Authors: Ray Garrison, Theresa Libby, Alan Webb
10th Canadian edition
978-1259024900
