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The Balance in the Office Supplies Account on June 1

Question 104

Multiple Choice

The balance in the office supplies account on June 1 was $6,300, supplies purchased during June were $3,100, and the supplies on hand at June 30 were $2,500. The amount to be used for the appropriate adjusting entry is


A) $3,700
B) $11,900
C) $5,700
D) $6,900

Correct Answer:

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