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sheridan Laundry purchased $6900 worth of supplies on June 2 and recorded the purchase as an asset. On June 30, an inventory of the supplies

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sheridan Laundry purchased $6900 worth of supplies on June 2 and recorded the purchase as an asset. On June 30, an inventory of the supplies indicated only $1010 on hand The adusting entry that should be made by the company on June 30 rs Debit Supplies Expense, $1010, Credit Supplies, $1010 DebSupplies, 1010; Credit Supplies Expense, 1010. Debit Supplies Expense, $5890; Credit Supplies, $5890. Debit Supplies, $5890: Credit Supplies Expense, $5890

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