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od During December, Henry Corp purchased $1,000 of supplies on account for use in its business. At the end of December, 20% of the supplies
od During December, Henry Corp purchased $1,000 of supplies on account for use in its business. At the end of December, 20% of the supplies were still on hand, but only 75% had been paid. What amounts will appear on the company's balance sheet on December 312 2.50 hon Select one A. Supplies on hand $800, Account payable $750 B. Supplies on hand $200, Account payable $750 C. Supplies on hand $800, Account payable $250 D. Supplies on hand $200, Account payable $250
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