Each of the following columns represents a Supplies account: 1. Determine the amounts indicated by the question

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Each of the following columns represents a Supplies account:

1. Determine the amounts indicated by the question marks.
2. Make the adjusting entry for column a, assuming supplies purchased are debited to an assetaccount.

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Principles of Accounting

ISBN: 978-1439037744

11th Edition

Authors: Needles, Powers, crosson

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Question Posted: Feb 23, 2012 12:24 AM

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Each of the following columns represents a Supplies account: 1. Determine the amounts indicated by the question

Question:

S264 S346 S196 S Supplies on hand at July 1 Supplies purchased during the month 3 Supplics consumed during the mon 194 972 Supplies on hand at July 31 174 1928 1,741 436 85 1,118

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1 Amounts indicated by the question marks are in italics a b c d Supplies on hand a...View the full answer

Principles of Accounting

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