The balance in the supplies account on June 1 was $7,000, supplies purchased during June were $2,100, and the supplies on hand at June 30 were $3,500. Required: Prepare the necessary adjusting entry...

The balance in the supplies account on June 1 was $7,000, supplies purchased during June were<br>$2,100, and the supplies on hand at June 30 were $3,500.<br>Required:<br>Prepare the necessary adjusting entry at June 30 for supplies.<br>Date<br>Accounts titles and explanation<br>Debit<br>Credit<br>

Extracted text: The balance in the supplies account on June 1 was $7,000, supplies purchased during June were $2,100, and the supplies on hand at June 30 were $3,500. Required: Prepare the necessary adjusting entry at June 30 for supplies. Date Accounts titles and explanation Debit Credit

Jun 03, 2022

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The balance in the supplies account on June 1 was $7,000, supplies purchased during June were $2,100, and the supplies on hand at June 30 were $3,500. Required: Prepare the necessary adjusting entry...

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