Before adjustment: Given At year-end, an inventory of supplies shows $50. Required a. How much is the

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Before adjustment:
Before adjustment:Given At year-end, an inventory of supplies shows $50.Requireda.

Given At year-end, an inventory of supplies shows $50.


Required
a. How much is the adjustment for office supplies?
b. Draw a transaction analysis box for this adjustment.
c. What will be the balance of office supplies on the adjusted trial balance? 1

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College Accounting A Practical Approach

ISBN: 978-0132564441

11th Canadian Edition

Authors: Jeffrey Slater, Brian Zwicker

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