What the adjusting entry should be made by the company, Accounting Basics

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What the adjusting entry should be made by the company

the village laudry company purchased $6,500 worth of laudry supplies on June 2 and recorded the purchase as an asset. On June 30th an inventory of the laundry supplies indicated only $2,000 on hand. what the adjusting entry should be made by the company on June 30 is ?

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Accounting Basics: What the adjusting entry should be made by the company

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Accounting Basics: What the adjusting entry should be made by the company

Reference No:- TGS084794

Have a Question? (oR Write a Review)

Recent Questions Asked Accounting Basics

Q : What is a mixed economy

Q : Result of the dividends declared during the year

Q : Explain informal agreement made in the office

Q : Osha proposed regulation

Q : What the adjusting entry should be made by the company

Q : What was the pourpose of nixons visit

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Q : Recognize any gain or loss on the conversion

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: What the adjusting entry should be made by the company

Reference No:- TGS084794

Recent Questions Asked Accounting Basics

Q : What is a mixed economy

Q : Result of the dividends declared during the year

Q : Explain informal agreement made in the office

Q : Osha proposed regulation

Q : What the adjusting entry should be made by the company

Q : What was the pourpose of nixons visit

Q : Find solution to minimize moving costs using microsoft excel

Q : Recognize any gain or loss on the conversion

Q : Continuing with the contractual theme

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