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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
image text in transcribed
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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