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When a firm purchases supplies for the business

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Reference no: EM132934285

Problem 1: When a firm purchases supplies for its business:

Group of answer choices

A. the supplies account should always be debited.

B. either the supplies account or the supplies expense account should be credited.

C. an adjustment will probably be required as supplies are used.

D. the supplies expense account should always be debited.

Reference no: EM132934285

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