Myron is a barber who does his own accounting for his shop. When he buys supplies he routinely debits Supplies Expense. Myron purchased $ \$ 1,500 $ of supplies in January and his inventory at the end of January shows $ \$ 600 $ of supplies remaining. What adjusting entry should Myron make on January 31?

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The Answer of Myron is a barber who does his own accounting for his shop. When he buys supplies he routinely debits Supplies Expense. Myron purchased $ \$ 1,500 $ of supplies in January and his inventory at the end of January shows $ \$ 600 $ of supplies remaining. What adjusting entry should Myron make on January 31?

Myron Is a Barber Who Does His Own Accounting for His