Business, 01.07.2020 17:01 veronica25681

Vaughn Manufacturing purchased office supplies costing $7140 and debited Supplies for the full amount. At the end of the accounting period, a physical count of office supplies revealed $2550 still on hand. The appropriate adjusting journal entry to be made at the end of the period would be:

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Vaughn Manufacturing purchased office supplies costing $7140 and debited Supplies for the full amoun...