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At the Beginning of the Period, Ritz Corporation Had $400

Question 84

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At the beginning of the period, Ritz Corporation had $400 of supplies on hand. During the period, it purchased $900 of supplies and at the end of the period, the company determined that only $800 of supplies were still on hand.
What adjustment should Ritz Corporation make at the end of the period?
At the beginning of the period, Ritz Corporation had $400 of supplies on hand. During the period, it purchased $900 of supplies and at the end of the period, the company determined that only $800 of supplies were still on hand. What adjustment should Ritz Corporation make at the end of the period?

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