Business
Business, 28.08.2019 03:00, sobell7725

During the first year of wilkinson co.'s operations, all purchases were recorded as assets. store supplies in the amount of $19,350 were purchased. actual year-end store supplies amounted to $6,450. the adjusting entry for store supplies willa. increase net income by $12,900.b. increase expenses by $12,900.c. decrease store supplies by $6,450.d. debit accounts payable for $6,450.

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