Question
On October 1, a company reported a balance of $5000 in its supplies account. During the course of the month, $13,000 in supplies were purchased,
On October 1, a company reported a balance of $5000 in its supplies account. During the course of the month, $13,000 in supplies were purchased, and on October 31, the balance in supplies was $2000. How much should be recorded as supplies expense in October?
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Payroll Accounting 2018
Authors: Bernard J. Bieg, Judith Toland
28th edition
1337291056, 978-1337291057, 1337291137, 9781337291132, 9781337516686 , 978-1337291040
