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Business, 25.02.2020 19:27 860jay

The following events pertain to Jasper Corporation: May 1 Jasper purchased office supplies of $3,000 on account. May 5 The office supplies were shipped to Jasper. May 8 Jasper used these office supplies for a one-time event. May 9 Jasper paid $3,000 cash for the office supplies purchased on May 1. Using accrual-basis accounting, on which date should Jasper record supplies expense?A. May 1.B. May 5.C. May 8.D. May 9.

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