The balance in the office supplies account on September 1 was $3,800, supplies purchased during September were $1,950, and the supplies on hand at September 30 were $2,250. The amount to be used for the appropriate adjusting entry is:
The balance in the office supplies account on September 1 was $3,800, supplies purchased during September were $1,950, and the supplies on hand at September 30 were $2,250. The amount to be used for the appropriate adjusting entry is:
College Accounting (Book Only): A Career Approach
13th Edition
ISBN:9781337280570
Author:Scott, Cathy J.
Publisher:Scott, Cathy J.
Chapter12: Financial Statements, Closing Entries, And Reversing Entries
Section: Chapter Questions
Problem 4PA: The following accounts appear in the ledger of Celso and Company as of June 30, the end of this...
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Transcribed Image Text:The balance in the office supplies account on September 1 was
$3,800, supplies purchased during September were $1,950, and the
supplies on hand at September 30 were $2,250. The amount to be
used for the appropriate adjusting entry is:
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