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Antec Corporation had a balance of $2,600 in Prepaid Supplies at the beginning of the year. The company purchased $800 of supplies during the year.
Antec Corporation had a balance of
$2,600
in Prepaid Supplies at the beginning of the year. The company purchased
$800
of supplies during the year. At year end, Prepaid Supplies had a balance of
$1,900
. What is the amount of Supplies Expense that Antec Corporation will recognize for the year?\ A.
$100
\ B.
$1,500
\ C.
$800
\ D.
$1,900
Antec Corporation had a balance of $2,600 in Prepaid Supplies at the beginning of the year. The company purchased $800 of supplies during the year. At year end, Prepaid Supplies had a balance of $1,900. What is the amount of Supplies Expense that Antec Corporation will recognize for the year? A. $100 B. $1,500 C. $800 D. $1,900
Antec Corporation had a balance of
$2,600
in Prepaid Supplies at the beginning of the year. The company purchased
$800
of supplies during the year. At year end, Prepaid Supplies had a balance of
$1,900
. What is the amount of Supplies Expense that Antec Corporation will recognize for the year?\ A.
$100
\ B.
$1,500
\ C.
$800
\ D.
$1,900
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