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    Darion's Avatar
    Darion Posts: 5, Reputation: 1
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    #1

    Oct 3, 2011, 06:13 PM
    Adjusting entries
    Supplies on hand on September 30 were 1850
    pready's Avatar
    pready Posts: 3,197, Reputation: 207
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    #2

    Oct 3, 2011, 06:33 PM
    You need to take your supplies account balance minus your actual onhand balance, then your adjusting entry will be:
    Debit Supplies Expense for the amount calculated above
    Credit Supplies for the amount calculated above
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