Sheldon Company began Year with $900 in its supplies account. During the year, the company purchased $2,600 of supplies on account. The company paid $1,800 on accounts payable by year end. At the end of Year 1, Sheldon counted $1,300 of supplies on hand. Sheldon's financial statements for Year 1 would show Multiple Choice $1700 of supplies, 5400 of supplies expense $1700 of supplies, $2,600 of supplies expense $1,300 of supplies, $2,200 of supplies expense $1,300 of supplies, $1,300 of supplies expense a o a search 06 e 323 PM 9/27/2020 a E 990