Muldoon advertising has an opening balance in its supplies account of $2400 and purchases $3000 of supplies during the year. a year-end physical count shows $2800 in supplies inventory. which is the appropriate

Muldoon advertising has an opening balance in its supplies account of $2400 and purchases $3000 of supplies during the year. a year-end physical count shows $2800 in supplies inventory. which is the appropriate journal entry at year end?

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