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The supplies account had a beginning balance of $1,500. Supplies purchased during the period totaled $3,500. At the end of the period before adjustment,
The supplies account had a beginning balance of $1,500. Supplies purchased during the period totaled $3,500. At the end of the period before adjustment, $300 of supplies were on hand. Journalize the adjusting entry for supplies. If an amount box does not require an entry, leave it blank. Account Debit Credit 88
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