The supplies account balance on february 1, 2016 was $1,400. during the month of february bravo purchased $12,000 of supplies for use in its operations. on february 29, bravo warehouse chief inventoried supplies and determine the value on hand was $1,500. use this information to prepare the general journal entry (without explanation) for the required end of the month adjustment.
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The supplies account balance on february 1, 2016 was $1,400. during the month of february bravo purc...
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