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    gkotsis11's Avatar
    gkotsis11 Posts: 1, Reputation: 1
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    #1

    Mar 22, 2012, 06:18 PM
    Post a journal entry for me?
    The office supplies of 3,250 were what had been purchased during the quarter. However, he had taken a count on December 31 and dtermined that only $225 worth of supplies was remaining.
    pready's Avatar
    pready Posts: 3,197, Reputation: 207
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    #2

    Mar 23, 2012, 11:07 AM
    Debit Office Supplies Expense for the amount that is equal to 3,250 minus 225.
    Credit Office Supplies for the same amount.
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