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The trial balance shows Supplies $0 and Supplies Expense $1,500. If $800 of supplies are on hand at the end of the period, the adjusting entry is - debit supplies $800 and credit Supplies Expense $800- debit Supplies Expense $800 and credit Supplies $800- debit Supplies $700 and credit Supplies Expense $700 - debit Supplies Expense $700 and credit Supplies $700
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