Question: Analyze each situation and indicate the correct dollar amount for the adjusting entry. (Trial balance is abbreviated as TB.) 1. Ending inventory of supplies is

Analyze each situation and indicate the correct dollar amount for the adjusting entry. (Trial balance is abbreviated as TB.)
1. Ending inventory of supplies is $260.
Analyze each situation and indicate the correct dollar amount for

2. Amount of supplies used is $230.

Analyze each situation and indicate the correct dollar amount for

(Balance Sheet) (Income Statement) Supplies Expense Supplies TB 580 Bal. (Balance Sheet) (Income Statement) Supplies Expense Supplies 435 Bal.

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