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Entertainment Services USA started the year with $200 of supplies. During the year the company purchased additional supplies costing $1,200. There was $800 of supplies

Entertainment Services USA started the year with $200 of supplies. During the year the company purchased additional supplies costing $1,200. There was $800 of supplies on hand at the end of the year. The financial statements will report what amounts?

Entertainment Services USA started the year with $200 of supplies. During the year the company purchased additional supplies costing $1,200. There was $800 of supplies on hand at the end of the year. The financial statements will report what amounts?

Income Statement Balance Sheet A. $800 $600 B. $600 $800 C. $600 $200 D. $1,200 $800 E. $1,200 $0

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