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Tyrell Company has a Supplies account balance of $1,000 on January 1, 2011. During 2011, it purchased $3,000 of supplies. As of December 31, 2011,

Tyrell Company has a Supplies account balance of $1,000 on January 1, 2011. During 2011, it purchased $3,000 of supplies. As of December 31, 2011, a supplies inventory shows $1,300 of supplies availab...

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