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Business, 22.06.2019 10:20 hotrahul8702

Sheldon company began year 1 with $2,500 in its supplies account. during the year, the company purchased $7,400 of supplies on account. the company paid $3,400 on accounts payable by year end. at the end of year 1, sheldon counted $4,500 of supplies on hand. sheldon’s financial statements for year 1 would show:

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Sheldon company began year 1 with $2,500 in its supplies account. during the year, the company purch...
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