Adjusting entry for supplies The balance in the supplies account, before adjustment at the end of the year, is $9,000. Journalize the adjusting entry required if the amount of supplies on hand at the end of the year is $1,575.
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Financial And Managerial Accounting
15th Edition
WARREN + 1 other
Publisher: Cengage Learning,
ISBN: 9781337902663
BuyFindlaunch
Financial And Managerial Accounting
15th Edition
WARREN + 1 other
Publisher: Cengage Learning,
ISBN: 9781337902663
Solutions
Chapter 3, Problem 11E
Textbook Problem
Adjusting entry for supplies
The balance in the supplies account, before adjustment at the end of the year, is $9,000. Journalize the adjusting entry required if the amount of supplies on hand at the end of the year is $1,575.
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Financial And Managerial Accounting
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