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Prepare the journal entry to record the purchase of supplies

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Pharoah Company's general ledger showed $830 in the Supplies account on January 1, 2021. On May 31, 2021, the company paid $3,185 for additional supplies. A count on December 31, 2021, showed $980 of supplies on hand.

Problem 1: Prepare the journal entry to record the purchase of supplies on May 31, 2021.

Reference no: EM132695420

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