The trail balance for the supplies account was zero, and the trail balance for supplies expense was $5,200. If the supplies on hand as of December 31st was $780, what are the adjusting entries?
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The trail balance for the supplies account was zero, and the trail balance for supplies expense was $5,200. If the supplies on hand as of December 31st was $780, what are the adjusting entries?
Then you credit one and debit the other
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