15. At the beginning of the month Jones Co. had an opening balance in Supplies of $1100. During the month they purchased an additional $1600 worth of supplies. At month end, $700 worth of office supplies were in ending inventory. Prepare the journal entry to adjust for the Supplies used. How much did you debit?

15. At the beginning of the month Jones Co. had an opening balance in Supplies of $1100. During the month they purchased an additional $1600 worth of supplies. At month end, $700 worth of office supplies were in ending inventory. Prepare the journal entry to adjust for the Supplies used. How much did you debit?

Name: don't give answer in image format 15. At the beginning of the month Jo
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Description: don't give answer in image format 15. At the beginning of the month Jones Co. had an opening balance in Supplies of $1100. During themonth they purchased an additional $1600 worth of supplies. At month end, $700 worth of officesupplies were in ending

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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