Question
Supplies on hand were $1,000 at the start of the year. At the end of theyear, it was determined that $550 of supplies had been
Supplies on hand were
$1,000 at the start of the year. At the end of theyear, it was determined that
$550 of supplies had been used. What is the adjusting entry forsupplies?
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Get StartedRecommended Textbook for
Management Information Systems Managing the digital Firm
Authors: Kenneth C. Laudon, Carol Guercio Traver
14th edition
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