Question: Question 5 4 pts Adjusting entry: When stationery supplies for Count-On-Us Pty Ltd are purchased, they are recorded as an asset. An end of period

 Question 5 4 pts Adjusting entry: When stationery supplies for Count-On-Us

Question 5 4 pts Adjusting entry: When stationery supplies for Count-On-Us Pty Ltd are purchased, they are recorded as an asset. An end of period stock-take (count) revealed a closing balance of $30,000. There was an opening balance of $15,000 and during the period $75,000 of supplies were purchased. Instructions: Record the adjusting entry for the year ending 30 June 2020 by selecting the correct amounts that are debited and credited. (4 marks) General Journal June 30. [Select) [Select] Select Select

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