Accountancy, asked by gautamgargefg, 3 months ago

what is journal entry of stock of stationery​

Answers

Answered by vimalkumarvishawkarm
0

Answer:

On either a quarterly or annual basis you must make adjusting entries to expense the quantity is stationery actually used. That entry would be a credit to “Office Supplies” to reflect the reduction in the asset account and debit “Office Supplies Expense” to record the used stationery as an expense.

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