Question
Steven and George own a landscaping business. In the beginning of April, they purchase $400 worth of supplies on account, which they will use for
Steven and George own a landscaping business. In the beginning of April, they purchase $400 worth of supplies on account, which they will use for the next several months. The entry to record the purchase of supplies would include a debit to? After recording the April supplies purchase from the previous question, Steven and George pay the $400 balance owned on supplies in full on April 15. The entry to record this payment would include a credit to? On April 30, Steven and George count up the amount of supplies remaining from the original $400 purchase in April. There are $300 worth of supplies still remaining. The entry to adjust the supplies account would?
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