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Business, 15.11.2019 22:31 19sierraamber

On-time truckers prepares monthly financial statements. on july 1, the supplies account had a balance of $3,500. during july, additional supplies were purchased for $4,800 and that amount was debited to supplies expense. on july 31, a physical count of supplies revealed that there was $2,200 on hand. prepare the adjusting journal entry that on-time truckers should make on july 31.

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