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    Exam 4: The Accounting Cycle Continued: Preparing Worksheets and Financial Statements
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    If the Balance of Supplies on Hand Account at the End
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If the Balance of Supplies on Hand Account at the End

Question 139

Question 139

Multiple Choice

If the balance of supplies on hand account at the end of the period was $550 and you counted $250 on hand, the amount for the adjustment for Supplies expense would be


A) $300.
B) $800.
C) $250.
D) $550.

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