How the canyon candy company began operation


Canyon candy company began operation on jan 1 2004, by purchasing $2,000 of supplies a the end of its first year of operations $1,400 of supplie were on hand. Additionally during the year the company purchased $900 of supplies. The year end adjusting entry for canyon would include a debit to supplies expense for?

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Accounting Basics: How the canyon candy company began operation
Reference No:- TGS0689133

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