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9. The asset account Office Supplies has a balance of $885 at the beginning of the year. The amount on hand at the end of
9.
The asset account Office Supplies has a balance of $885 at the beginning of the year. The amount on hand at the end of the year is $670. The company has calculated the Supplies Expense for the year to be $5,200. Based on this information, what amount of office supplies was purchased during the year? |
A) $4,985
B) $4,530
C) $5,870
D) $0
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