posted by asia .
•Describe for the students the primary objectives of accounting.
•Explain the basic terminology of the accounting process or financial reporting.
•Explain how accounting can affect your personal life emphasizing professional ethics
accounting 205 -
A company purchased $4,000 worth of supplies in May. On May 31, the balance in the Supplies account was $2,600. The adjusting entry includes a $1,400 debit to Supplies