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Question 7 Wow Advertising company's trial balance at December 31 shows Supplies E7,739 and Supplies...

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Question 7 Wow Advertising company's trial balance at December 31 shows Supplies E7,739 and Supplies Expense 0. On December 31, there are 2,562 of supplies on hand. Prepare the adjusting entry at December 31 and, using T-accounts, enter the balances in the accounts, post the adjusting entry, and indicate the adjusted balance in each account. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Dec. 31 Supplies Supplies Expense Question Attempts: 0 of 3 used

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