Posted by Maria on .
On january 1st, NetSolutions had a debit balance of $1,250.00 in the Office Supplies account. During the month, Netsolutions purchased $245.00 and $610.00 of office supplies and journalized them to the office supplies asse account upon purchasing. On January 31st an inspection of the office supplies cabinet shows that only $810.00 of office supplies remains in the locker. Write the january 31st entry for office supplies in the space beloe.
I am lost because of the additional expense, and if you have $1250.00 at the beginning and $810 at the end with purchasing additional supplies, this does not add up to me, can someone help me, please!!!