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During the accounting period, office supplies were purchased on account for $3,900. A physical count, on the last day of the accounting period, shows $1,200
During the accounting period, office supplies were purchased on account for $3,900. A physical count, on the last day of the accounting period, shows $1,200 of office supplies on hand. Supplies Expense for the accounting period is $3,200. What was the beginning balance of Office Supplies? A. $500 B. $4,400 C. $2,700 D. There is not enough information to answer this
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