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Holy Save & Le 8 Sheldon Company began Year 1 with $2,300 in its supplies account. During the year, the company purchased $6,800 of
Holy Save & Le 8 Sheldon Company began Year 1 with $2,300 in its supplies account. During the year, the company purchased $6,800 of supplies on account. The company paid $3.200 on accounts payable by year end. At the end of Year 1, Sheldon counted $4,100 of supplies on hand. Sheldon's financial statements for Year 1 would show 12:0424 Mutiple Choice $5.900 of supplies, $6,800 of supplies expense $4300 of supplies: $2,700 of supplies expense $5,900 of supplies; $1800 of supplies expense O $4300 of supplies: $5.000 of supplies expense 4
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