The supplies account had a beginning balance of $1,815 and was debited for $3,790 for supplies purchased

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The supplies account had a beginning balance of $1,815 and was debited for $3,790 for supplies purchased during the year. Journalize the adjusting entry required at the end of the year assuming the amount of supplies on hand is $1,675.

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Accounting

ISBN: 978-0324662962

23rd Edition

Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren

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Question Posted: Sep 05, 2011 06:46 AM

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The supplies account had a beginning balance of $1,815 and was debited for $3,790 for supplies purchased

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