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gOOvER gOOvER
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7 years ago
The supplies account shows a beginning balance of $3,000. Assume the supplies account shows an entry as a debit for $5,500 representing supplies purchased during the period and the supplies inventory at year end is $1,700. The adjusting entry involves a:
A) debit to supplies expense for $6,800.
B) debit to supplies for $6,800.
C) debit to supplies expense for $1,700.
D) debit to supplies for $1,700.
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Accounting, Volume 1, Canadian Edition

Accounting, Volume 1, Canadian Edition


Edition: 9th
Authors:
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HanoiHanoi
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7 years ago
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This site is awesome
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Good timing, thanks!
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