Multiple Choice
The balance in the supplies account on June 1 was $5,200, supplies purchased during June were $3,500, and the supplies on hand at June 30 were $2,000. The amount to be used for the appropriate adjusting entry is
A) $5,500.
B) $3,500.
C) $10,700.
D) $6,700.
Correct Answer:
Verified
Correct Answer:
Verified
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