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

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Accounting

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. Assume that supplies were used during 2020, prepare the entries on December 31, 2020

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