On June 1, During Its First Month of Operations, Crooked

question 157

Essay

On June 1, during its first month of operations, Crooked Rain purchased supplies for $4,500 and debited the Supplies account for that amount.At June 30, an inventory of supplies showed $1,000 of supplies on hand.What adjusting journal entry should be made for June?

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Definitions:

Endorsement

A public declaration of support for a product, service, or individual, often by a celebrity or recognized authority.

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