The supplies and supplies expense accounts at December 31, after adjusting entries have been posted at the

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The supplies and supplies expense accounts at December 31, after adjusting entries have been posted at the end of the first year of operations, are shown in the following T accounts:

Supplies Expense Supplies 2,550 Bal. 7,120 Bal.


Determine the amount of supplies purchased during the year.

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Financial And Managerial Accounting

ISBN: 9781337119207

14th Edition

Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac

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