Crane companys trial balance at december 31 shows supplies


Question - Crane Company's trial balance at December 31 shows Supplies $8,700 and Supplies Expense $0. On December 31, there are $2,200 of supplies on hand.

Prepare the adjusting entry at December 31.

Solution Preview :

Prepared by a verified Expert
Accounting Basics: Crane companys trial balance at december 31 shows supplies
Reference No:- TGS02475946

Now Priced at $25 (50% Discount)

Recommended (94%)

Rated (4.6/5)