On January 1, 2023, ABC Company purchased office supplies worth $2,500 on credit. On January 10, 2023,
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Question:
On January 1, 2023, ABC Company purchased office supplies worth $2,500 on credit. On January 10, 2023, the company paid $1,500 towards the outstanding balance. Finally, on January 20, 2023, the company used $800 worth of office supplies. Record the necessary journal entries for these transactions.
Related Book For
Fundamental Accounting Principles
ISBN: 978-1259536359
23rd edition
Authors: John Wild, Ken Shaw, Barbara Chiappett
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