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Business, 10.03.2020 17:24 jtgarner402

Sheldon Company began 2016 with $1,200 in its supplies account. During the year, the company purchased $3,400 of supplies on account. The company paid $3,000 on accounts payable by year end. On December 31, 2016, Sheldon counted $1,400 of supplies on hand. Sheldon’s financial statements for 2016 would show .

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Sheldon Company began 2016 with $1,200 in its supplies account. During the year, the company purchas...
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