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The Bramble Corp purchased $8.330 worth of laundry supplies on June and recorded the purchase as an asset. On June 30, an inventory of the

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The Bramble Corp purchased $8.330 worth of laundry supplies on June and recorded the purchase as an asset. On June 30, an inventory of the laundry supplies indicated only $1470 on hand. The adjusting entry that should be made by the company on June 30 is: debit Supplies, 56360, credit Supplies Expense. 56860 debit Supplies Expense. $1470, credit Supplies, $1470. debit Supplies, 51470 credit Supplies Expense, 51470 debit Supplies Expense, 56860, credit Supplies, $6860

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