Bee-In-The-Bonnet Company purchased office supplies costing $8,000 and debited Supplies for the full amount. At...
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Accounting
Bee-In-The-Bonnet Company purchased office supplies costing $8,000 and debited Supplies for the full amount. At the end of the accounting period, a physical count of supplies revealed $2,200 still on hand. The appropriate adjusting journal entry to be made at the end of the period would be 117.
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