Adjusting journal entry to be made at the end of the period


Greese Company purchased office supplies costing $4,000 and debited Office Supplies for the full amount. At the end of the accounting period, a physical count of office supplies revealed $1,100 still on hand. The appropriate adjusting journal entry to be made at the end of the period would be ??

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Accounting Basics: Adjusting journal entry to be made at the end of the period
Reference No:- TGS069099

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