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A company had no office supplies available at the beginning of the year. During the year, the company purchased $300 worth of office supplies. On
A company had no office supplies available at the beginning of the year. During the year, the company purchased $300 worth of office supplies. On December 31, $90 worth of office supplies remained. How much should the company report as office supplies expense for the year?
Multiple Choice
A) $90.
B)$190.
C) $210.
D) $300.
E) $390.
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