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If the balance of supplies at the start of the month was $700 and at the end of the month you had $250 on hand,

If the balance of supplies at the start of the month was $700 and at the end of the month you had $250 on hand, the adjustment for Supplies would be:

A. $450
B. $550
C. $250

D. $700

The cost of an asset less accumulated depreciation equals:

A. residual value.
B. book value.
C. depreciation expense.
D. None of these answers are correct.

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