Homework Answers
Answer
- Adjusting entry required
|
Date |
Description |
Debit |
Credit |
Assets |
Liabilities |
Equity |
|
31-Dec |
Supplies Expense ($5135 - 1350) |
$3,785 |
Decrease $ 3785 |
|||
|
Supplies |
$3,785 |
Decrease $ 3785 |
||||
|
(to record supplies used) |
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