Paid $800 cash for supplies to be used over the next several months by the business. Supplies of $150 were on hand at the end of the year. Prepare the adjusting journal entry.

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08-07-2024
Business

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Paid $800 cash for supplies to be used over the next several months by the business. Supplies of $150 were on hand at the end of the year. Prepare the adjusting journal entry.

Sagot :

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