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Splish Brothers Inc has an opening balance in its supplies account of $2880 and purchases $3600 of supplies during the year. A year-end physical count
Splish Brothers Inc has an opening balance in its supplies account of $2880 and purchases $3600 of supplies during the year. A year-end physical count shows $3360 in supplies inventory. Which is the appropriate journal entry styear end? O Dr Supplies Expense $3360 Cr Supplies $3360 Der Supplies $3120 Cr Supplies Expense $3120 Dr Supplies Expense $3120 Cr Supplies $3120 O Dr Supplies $3600 Cr Cash $3600
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