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What is the Journal Entry? 1. The office manager in San Diego ordered $350 of office (operating) supplies from Staples. While on the way back
What is the Journal Entry?
1. The office manager in San Diego ordered $350 of office (operating) supplies from Staples. While on the way back from a delivery, one of the warehouse staff picked up the Staples order and brought it to GBIs office. GBI has an account with Staples and payment terms are net 10. Operating supplies expense is figured at the end of the month determined by the amount of supplies used during the month.
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