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D Question 5 1 pts A company purchased $6,000 worth of supplies in August (first year and there was no beginning balance) and recorded
D Question 5 1 pts A company purchased $6,000 worth of supplies in August (first year and there was no beginning balance) and recorded the purchase in the Prepaid Supplies account. On August 31,the supplies count equaled $3,200. How much is the supplies expense for August? Do not use dollar signs or other characters when entering your answer. D Question 6 1 pts A company earned $2,000 in net income for October. Its net sales for October were $10,000. What is its profit margin ratio? Do not enter your number as a percentage. 265% =2.65 2.5% = .025 Round to two digits.
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