Question
RV Wholesale, Inc., paid $1,200 for supplies and purchased additional supplies on account for $1000. RV Wholesale, Inc., also paid $200 of the accounts payable.
RV Wholesale, Inc., paid $1,200 for supplies and purchased additional supplies on account for $1000. RV Wholesale, Inc., also paid $200 of the accounts payable. What is the balance in the supplies account?
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Get StartedRecommended Textbook for
College Accounting Chapters 1-30
Authors: John Price, M. David Haddock, Michael Farina
14th edition
978-1259284861, 1259284867, 77862392, 978-0077862398
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