Question: Required Information Exercise 13-10A Recording supplies and identifying their effect on financial statements LO 13-1, 13-3, 13.4 [The following information applies to the questions displayed


Required Information Exercise 13-10A Recording supplies and identifying their effect on financial statements LO 13-1, 13-3, 13.4 [The following information applies to the questions displayed below.) Sye Chase started and operated a small family architectural firm in Year 1. The firm was affected by two events: (1) Chase provided $16,500 of services on account, and (2) he purchased $7,000 of supplies on account. There were $1,100 of supplies on hand as of December 31, Year 1. CHASE ARCHITECTURAL SERVICES Post-Closing Trial Balance December 31, Year 1 Account Titles Debit Credit Totals $ 0 $ 0
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