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  3. during the year, able co. purchased $39,600 worth

During the year, Able Co. purchased $39,600 worth of supplies, at the end of the...

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Accounting

During the year, Able Co. purchased $39,600 worth of supplies, at the end of the year, the balance sheet showed a balance of $1,760 in the supplies account. Prepare the necessary adjusting entry

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