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Knoll Company started Year 2 with a $ 7 2 0 balance in its Cash account, a $ 6 1 0 balance in its Supplies

Knoll Company started Year 2 with a $720 balance in its Cash account, a $610 balance in its Supplies account and a $1,550 balance in its Common Stock account. During Year 2 the company experienced the following events.(1) Paid $455 cash to purchase supplies(2) Physical count revealed $155 of supplies on hand at the end of Year 2Based on this information the amount of supplies expense reported on the Year 2 income statement is.
Multiple Choice
$155.
$910.
$455.
$1,065.

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