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Journalize the adjusting entry on December

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Reference no: EM132472207

Question - On September 1, Griffin Company purchased $2,250 of supplies. Griffin Company recorded the transaction by debiting Supplies and crediting Cash.

By the end of the calendar year, $2,050 of supplies remains.

Required - Journalize the adjusting entry on December 31.

 

 

Reference no: EM132472207

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