Journalize the necessary adjusting entry


There was a $1,750 balance in the supplies account at the beginning of the period. During the period, the supplies account was increased by $3,500 for supplies purchased. At the end of the period before adjustment, $350 of supplies were on hand. Journalize the necessary adjusting entry.

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Accounting Basics: Journalize the necessary adjusting entry
Reference No:- TGS0703749

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