Question
Western Company had $500 of store supplies available at the beginning of the current year. During the year Western Company purchased $2,750 worth of store
Western Company had $500 of store supplies available at the beginning of the current year. During the year Western Company purchased $2,750 worth of store supplies. On December 31 of this year $375 worth of store supplies remained.
Prepare the journal entry to adjust the supplies account.
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Essentials Of Accounting
Authors: Leslie Breitner, Robert Anthony
11th Edition
0132744376, 978-0132744379
