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11. Sharjah City purchased supplies on July 10, 2019, for $3,600. At the year-end on...

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Accounting

11. Sharjah City purchased supplies on July 10, 2019, for $3,600. At the year-end on December 31, 2019, the inventory of supplies was $2,800.

  1. Prepare the entry for purchase on July 10, 2019 assuming that they use the consumption method.

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