Question
The supplies asset account balance December 31st was $4,000. In the supply storeroom, it was determined through a count that only $2,750 of supplies were
The supplies asset account balance December 31st was $4,000. In the supply storeroom, it was determined through a count that only $2,750 of supplies were remaining. Make the adjusting entry for December 31st to reflect this.
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Financial Accounting Fundamentals
Authors: John J. Wild
5th edition
1308500102, 1308500106, 78025753, 978-0078025754
