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.

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Financial Accounting

ISBN: 9781292019543

3rd Global Edition Edition

Authors: Robert Kemp, Jeffrey Waybright, Pearson Education

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