New York Sales, Inc., experienced four situations for its supplies. Compute the amounts that have been left

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New York Sales, Inc., experienced four situations for its supplies. Compute the amounts that have been left blank for each situation. For situations 1 and 2, journalize the needed transaction. Consider each situationseparately.

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Financial Accounting

ISBN: 978-0133427530

10th edition

Authors: Walter Harrison, Charles Horngren, William Thomas

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Question Posted: Jul 25, 2014 07:33 AM

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New York Sales, Inc., experienced four situations for its supplies. Compute the amounts that have been left

Question:

Situation Beginning supplies. Purchases of supplies during the year. s 560 $ 1,400 $ 1,100 900 600 2 1,100 . 2,040 1,500 Ending supplics Supplics Expensc.. (200) 1400) 1,000) $1,840 1,600 $1,200

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Missing amounts in italics 1 2 3 4 Beginning Supplies 560 1400 1100 900 Add Purcha...View the full answer

Financial Accounting

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