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    Financial Accounting Study Set 1
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    Exam 3: Adjusting and Closing Entries
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    Supplies on Hand Were $777 of the Original $1,034
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Supplies on Hand Were $777 of the Original $1,034

Question 37

Question 37

Short Answer

Supplies on hand were $777 of the original $1,034. Calculate the adjusting amount for supplies for the year 2.

Correct Answer:

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$257.
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