b. At the end of 2021, the unadjusted balance in the Supplies account was $1,060. A...

 

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b. At the end of 2021, the unadjusted balance in the Supplies account was $1,060. A physical count of supplies on December 31, 2021, indicated supplies costing $330 were still on hand. c. On December 31, 2021, YY's Garage completed repairs on one of Brokeback's trucks at a cost of $830. The amount is not yet recorded. It will be paid during January 2022. b. At the end of 2021, the unadjusted balance in the Supplies account was $1,060. A physical count of supplies on December 31, 2021, indicated supplies costing $330 were still on hand. c. On December 31, 2021, YY's Garage completed repairs on one of Brokeback's trucks at a cost of $830. The amount is not yet recorded. It will be paid during January 2022.

Answer rating: 100% (QA)

Here are the journal entries to record the transactions b Supplies Adjustment Date Decem... View the full answer