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Suppose that on 3/9, a $2,000 expenditure was made for office supplies and the office supplies expense account was debited for the entire amount. On
Suppose that on 3/9, a $2,000 expenditure was made for office supplies and the office supplies expense account was debited for the entire amount. On 12/31, $370 of these supplies remain on hand. Prepare the necessary adjusting entry on 12/31
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