The balance in the office supplies account on March 1 was $12,750, supplies purchased during March were $3,850, and the supplies on hand at March 31 were $2,200. The amount to be used for the appropriate adjusting entry is: a. $10,400 b. $12,650 c. $14,400 d. $9,750
The balance in the office supplies account on March 1 was $12,750, supplies purchased during March were $3,850, and the supplies on hand at March 31 were $2,200. The amount to be used for the appropriate adjusting entry is: a. $10,400 b. $12,650 c. $14,400 d. $9,750
Century 21 Accounting Multicolumn Journal
11th Edition
ISBN:9781337679503
Author:Gilbertson
Publisher:Gilbertson
Chapter15: Preparing Adjusting Entries And A Trial Balance
Section: Chapter Questions
Problem 1AFE
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Transcribed Image Text:The balance in the office supplies account on
March 1 was $12,750, supplies purchased during
March were $3,850, and the supplies on hand at
March 31 were $2,200. The amount to be used for
the appropriate adjusting entry is:
a. $10,400
b. $12,650
c. $14,400
d. $9,750
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