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Find the amount shown as store supplies in the balance sheet

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Reference no: EM132714637

Problem 1: The Unadjusted Trial Balance columns of a company's work sheet shows the Store Supplies account with a balance of $750. The Adjustments columns show a credit of $425 for supplies used during the period. The amount shown as Store Supplies in the Balance Sheet columns of the work sheet is:

A. $325 debit.
B. $325 credit.
C. $425 debit.
D. $750 debit.
E. $425 credit.

Reference no: EM132714637

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