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Joans Stitchery Shop purchased supplies at a cost of $1,000 during Year2. At January 1, Year2, the beginning balance in the supplies account was $300.
Joans Stitchery Shop purchased supplies at a cost of $1,000 during Year2. At January 1, Year2, the beginning balance in the supplies account was $300. At December 31, Year2, supplies on hand are $100.
Find the supplies expense for Year2.
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