Present the adjusting entries that would be made on December 31 2023, the end of...
60.1K
Verified Solution
Link Copied!
Question
Accounting
Present the adjusting entries that would be made on December 31 2023, the end of the fiscal year. The supplies on December 11 2022 was $9,000 supplies costing $15,000 were purchased in cash on September 30 2023. A count on December 30 2023 indicated supplies on hand of $8,000. There was no transaction related to supplies during the fiscal year ending December 31, 2023. Provide the adjusting entry for supplies on December 31, 2023.
Present the adjusting entries that would be made on December 31 2023, the end of the fiscal year. The supplies on December 11 2022 was $9,000 supplies costing $15,000 were purchased in cash on September 30 2023. A count on December 30 2023 indicated supplies on hand of $8,000. There was no transaction related to supplies during the fiscal year ending December 31, 2023. Provide the adjusting entry for supplies on December 31, 2023.
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.