Business, 14.08.2021 02:30 lalimares1038

The Concord Corporation purchased $6800 worth of laundry supplies on June 2 and recorded the purchase as an asset. On June 30, an inventory of the laundry supplies indicated only $1200 on hand. The adjusting entry that should be made by the company on June 30 is:

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The Concord Corporation purchased $6800 worth of laundry supplies on June 2 and recorded the purchas...