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3 years ago

9

A physical count of supplies on hand at the end of May for Masters, Inc. Indicated $1,250 of supplies on hand. The general ledge

r balance before any adjustment is $2,100. What is the adjusting entry for office supplie s that should be recorded on May 31?

1 answer:

vovikov84 [41]3 years ago

3 0

Answer:

Debit Supplies Expenses $850 and Credit supplies $850

Explanation:

Kimdly check attached picture for explanation

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