Why is it necessary to make an adjusting entry for supplies at the end of the fiscal

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Why is it necessary to make an adjusting entry for supplies at the end of the fiscal period, and why are we given the supplies on hand at the end of the period to help us make this entry

Posted Date: May 18, 2024 10:11 PM

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Why is it necessary to make an adjusting entry for supplies at the end of the fiscal

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