RV Wholesale, Inc., paid $1,200 for supplies and purchased additional supplies on account for $1,000. RV Wholesale,
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RV Wholesale, Inc., paid $1,200 for supplies and purchased additional supplies on account for $1,000. RV Wholesale, Inc., also paid $200 of the accounts payable. What is the balance in the Supplies account?
a. $1,200
b. $1,000
c. $2,400
d. $2,200.
AppendixLO1
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Financial Accounting
ISBN: 9781292019543
3rd Global Edition Edition
Authors: Robert Kemp, Jeffrey Waybright, Pearson Education
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