Wen supplies are purchased they are recorded as an asset


When supplies are purchased they are recorded as an asset. An end of period stock-take (count) revealed a closing balance of $12,000. There was no opening balance and during the period $22,000 of supplies were purchased. Record the adjusting entry.

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Business Management: Wen supplies are purchased they are recorded as an asset
Reference No:- TGS01474415

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