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Record the necessary entries in the Journal Entry Worksheet below At the beginning of May,...

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Accounting

Record the necessary entries in the Journal Entry Worksheet below

At the beginning of May, Golden Gopher Company reports a balance in Supplies of $350. On May 15, Golden Gopher purchases an additional $1,800 of supplies for cash. By the end of May, only $150 of supplies remains. Record the adjusting entry on May 31.

How much do you debit and how much do you credit?

May 31 Supplies Expense:

Supplies:

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