ACCOUNTING JOURNAL ENTRY

ACCOUNTING JOURNAL ENTRY

A physical inventory showed that only $346.00 worth of general
office supplies remained on hand as of June 30. This did not
include any of the Super RoutePro. There were 5 units of Super
RoutePro on hand. We use FIFO to determine the valuation of the
supplies.purchase of 10 units of super pro at a cost of $15

 

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